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KOF Economic Barometer

What is 'KOF Economic Barometer'

A composite indicator that provides a reliable reading on the direction of GDP growth for the Swiss economy compared with the year-earlier quarter. The KOF Economic Barometer is based on a multi-sectoral design with three modules: core GDP, construction and banking. The barometer has a complex structure, as it bundles as many as 20 individual indicators in several steps. It is published monthly by the KOF Swiss Economic Institute.

Explaining 'KOF Economic Barometer'

Although the KOF Institute cautions that no conclusions can be drawn about the level of the GDP growth rate on the basis of the KOF Economic Barometer, the barometer is closely followed by participants in the financial markets. Barometer readings that are higher than expected may have the effect of strengthening the Swiss franc, while lower than anticipated readings may weaken it.


Further Reading


Using newspapers for tracking the business cycle: a comparative study for Germany and Switzerland
www.tandfonline.com [PDF]
… occurs at the end of our sample in the year 2012, when the KOF Economic Barometer exhibits a … There is though much less coherence between the Ifo and ZEW economic indicators … The corresponding forecasts from Consensus Economics, Inc., were taken from their bulletins …

Corona, crisis and conditional heteroscedasticityCorona, crisis and conditional heteroscedasticity
www.tandfonline.com [PDF]
… occurs at the end of our sample in the year 2012, when the KOF Economic Barometer exhibits a … There is though much less coherence between the Ifo and ZEW economic indicators … The corresponding forecasts from Consensus Economics, Inc., were taken from their bulletins …

Markets and how they work: a comparative analysis of fieldwork evidence on globalisation, corporate governance, institutional structure and competition in Russia …Markets and how they work: a comparative analysis of fieldwork evidence on globalisation, corporate governance, institutional structure and competition in Russia …
research-repository.st-andrews.ac.uk [PDF]
… occurs at the end of our sample in the year 2012, when the KOF Economic Barometer exhibits a … There is though much less coherence between the Ifo and ZEW economic indicators … The corresponding forecasts from Consensus Economics, Inc., were taken from their bulletins …

A study of Macao tertiary students' language attitudes after the handoverA study of Macao tertiary students' language attitudes after the handover
www.tandfonline.com [PDF]
… occurs at the end of our sample in the year 2012, when the KOF Economic Barometer exhibits a … There is though much less coherence between the Ifo and ZEW economic indicators … The corresponding forecasts from Consensus Economics, Inc., were taken from their bulletins …

Does a multi-sectoral design improve indicator-based forecasts of the GDP growth rate? Evidence from SwitzerlandDoes a multi-sectoral design improve indicator-based forecasts of the GDP growth rate? Evidence from Switzerland
www.tandfonline.com [PDF]
… occurs at the end of our sample in the year 2012, when the KOF Economic Barometer exhibits a … There is though much less coherence between the Ifo and ZEW economic indicators … The corresponding forecasts from Consensus Economics, Inc., were taken from their bulletins …

Exploring democracy in the Russian Federation: political regime, public opinion and international assistanceExploring democracy in the Russian Federation: political regime, public opinion and international assistance
www.tandfonline.com [PDF]
… occurs at the end of our sample in the year 2012, when the KOF Economic Barometer exhibits a … There is though much less coherence between the Ifo and ZEW economic indicators … The corresponding forecasts from Consensus Economics, Inc., were taken from their bulletins …

Changing control of the open drug scenes in Oslo—Crime, welfare, immigration control, or a combination?Changing control of the open drug scenes in Oslo—Crime, welfare, immigration control, or a combination?
www.tandfonline.com [PDF]
… occurs at the end of our sample in the year 2012, when the KOF Economic Barometer exhibits a … There is though much less coherence between the Ifo and ZEW economic indicators … The corresponding forecasts from Consensus Economics, Inc., were taken from their bulletins …

Transition systems and non-standard employment in early career: comparing Japan and SwitzerlandTransition systems and non-standard employment in early career: comparing Japan and Switzerland
www.tandfonline.com [PDF]
… occurs at the end of our sample in the year 2012, when the KOF Economic Barometer exhibits a … There is though much less coherence between the Ifo and ZEW economic indicators … The corresponding forecasts from Consensus Economics, Inc., were taken from their bulletins …



Q&A About KOF Economic Barometer


What are some components used to calculate this barometer?

Core GDP, construction and banking are all used to calculate this barometer.

How does it provide a reliable reading on the direction of GDP growth?

The barometer has three modules, which are core GDP, construction and banking. It uses these modules to create an overall picture of economic activity in Switzerland.

Why do you think participants in financial markets follow this indicator closely?

Participants in financial markets may follow this indicator because it gives them insight into what will happen with their investments based on current economic conditions in Switzerland. They may also use it as a guide for future investment decisions based on current trends in Switzerland's economy.

What is the KOF Economic Barometer?

The KOF Economic Barometer is a composite indicator that provides a reliable reading on the direction of GDP growth for the Swiss economy compared with the year-earlier quarter.