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Swiss KOF Economic Barometer: Slightly more favorable outlook
The KOF Economic Barometer increases by 0.5 points in June to a level of 102.7 (after a revised 102.2 in May). The rise is primarily due to a more favourable outlook for foreign demand. The hospitality industry could also benefit more strongly. The indicator bundles for manufacturing, construction and private consumption remain virtually unchanged in June. In contrast, the outlook for financial and insurance services and other services is slightly gloomier. In the producing sector (manufacturing and construction), the sub-indicators for the order situation, production activity and employment develop positively in ... (full story)