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CH: KOF Swiss Leading Indicator
| Actual | Previous | Revised | |
| Index | 106.7 | 103.5 | 104.2 |
Highlights
The KOF Economic Barometer rose 2.5 points in August to 106.7, up from a revised 104.2 (103.5) in July. The reading is above its medium-term average, pointing to a positive outlook for the Swiss economy.
Manufacturing, other services, and foreign demand drove most of the improvement, while private consumption came under slight pressure.
Within the producing industry, most indicator bundles improved, particularly stockpiling of intermediate products, employment prospects, production activity, and order backlogs. Within manufacturing, the metal and textile industries showed favorable developments, while paper and printing saw a setback.
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