Swiss KOF grows, even though less than expected

  @ibtimes on

FXstreet.com (Barcelona) - The KOF Swiss Leading Indicator grew to 1.68 in December, up from 1.62 the previous month, but slightly behind analysts' forecasts of even greater growth into the 1.74 range.

With this month's increase, Switzerland's economy shows continued signs of recovery even since the KOF hit bottom at -1.85 in May.

The KOF survey is considered a major indicator of the overall health of the Swiss economy since it combines both current growth and future outlooks.

.

Join the Discussion
Nintendo's Newest Kirby Game Is A Total Detour
Nintendo's Newest Kirby Game Is A Total Detour
Fitbit's First Activity Watch Falls Short
Fitbit's First Activity Watch Falls Short
Dying Light Is The Spiritual Successor To 'Dead Island'
Dying Light Is The Spiritual Successor To 'Dead Island'
The Last Mitsubishi Evolution
The Last Mitsubishi Evolution
The i8 Is Proof BMW Should Make More Mid-Engined Cars
The i8 Is Proof BMW Should Make More Mid-Engined Cars
QD Vision Shows Off Cheap 4K TVs
QD Vision Shows Off Cheap 4K TVs

More Video