European Economic News

Swiss KOF Leading Indicator Lowest Since 2015

Switzerland's economic outlook is set to remain gloomy for the rest of this year, the KOF Swiss Economic Institute said on Monday, as it leading indicator dropped for a second straight month to reach its lowest level since 2015.

The KOF Economic Barometer, a leading indicator for the trends in the alpine economy, dropped to 93.2 from 95.5, which was revised from 97.

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