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KOF At 11-Year High in Mar

SWITZERLAND DATA
MNI (London)

SWISS MAR KOF ECON BAROMETER 117.8; FEB 102.6r

  • The KOF Economic Barometer surged 15.2pt in Mar to 117.8, surpassing market forecasts (BBG: 104.3) and registering well above the long-term average.
  • The index now stands at the highest level since the summer 2010, indicating a strong recovery in the coming months.
  • The increase was driven by the strong manufacturing sector, but also foreign and domestic demand improved in Mar, although at a weaker pace.

Source: ETH Zurich

MNI London Bureau | +44 203-865-3814 | irene.prihoda@marketnews.com

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