Swiss KOF Economic Barometer

Wednesday, 28 December 2011 01:50

The KOF Economic Barometer is felling down since May 2011. In December index declined more than expected to a low of 0.01 from November’s reading of 0.34.

Economists estimated index to slide down only to 0.23.

The continuous decrease suggests more likely stagnation in Swiss Gross Domestic Product rise in upcoming months.