Switzerland - Business Confidence

Switzerland: Business Confidence

Mnemonic CIB.ICHE
Unit Index 2007 to 2016=100, NSA
Adjustments Not Seasonally Adjusted
Monthly 1.36 %
Data Aug 2018 100.3
Jul 2018 101.68

Series Information

Source KOF Swiss Economic Institute
Release KOF Leading Indicator
Frequency Monthly
Start Date 1/31/1991
End Date 8/31/2018

Switzerland: Business

Reference Last Previous Units Frequency
Change in Inventories 2019 Q2 -2,965 -3,472 Mil. CHF, CDASA Quarterly
Industrial Production 2019 Q2 116.2 112.87 Index 2015=100, NSA Quarterly
Business Confidence Aug 2018 100.3 101.68 Index 2007 to 2016=100, NSA Monthly

Release Information

The KOF Economic Barometer is a composite leading indicator for the Swiss economy. Monthly from January 1991.

The KOF economic barometer is an index that (as of 2017) is sythesized from over 200 indicator variables selected from a pool of more than 500 candidates. Every year the source may choose to change the composition and weighting of the index. The chosen variables best meet these two criteria: They (a) have an economically plausible influence and (b) have a certain lead time of a relevant strength over the economic trend.

Each year, after release of GDP, the source produces a new vintage of the Barometer. After redefining its components, the Barometer is recomputed and full revised history is published.