A measure signaling future turning points in the Swiss economy decreased for the first time in five months in January, though it remained above its medium-term average, the results of a survey by the KOF Swiss Economic Institute showed Friday.
The economic barometer dropped to 102.5 in January from 103.6 in December, which was the highest score in fifteen months.
The outlook is clouding over somewhat but remains above average, the survey said.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.