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Swiss KOF barometer points out to further economic slowdown in September

26 Sep, 2008 @ 04:41 am EST
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FXstreet.com (Barcelona) - Swiss KOF forward looking indicator has anticipated some further slowdown for Swiss Gross Domestic Product over the forthcoming months.

The KOF economic barometer has declined to 0.62 points in September, from 0.73 points in August, revised up from the previously estimated 0.68 reading.

The KOF economic barometer has been declining continuously since October last year, which means that the slowdown Swiss GDP growth is going through, will, highly likely, continue in the next months.

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