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Monthly Leading Indicator of the Swiss Economy

Country:
CHFSwitzerland
Importance:
Data Trends
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ForecastActualDeviation
Market Impact of Economic Indicator Releases
To understand the market impact of economic indicator releases, this metric represents the relative price change over a specific period following the release.
Formula: (Close price N minutes after the release - Open price at the time of the release) / Open price at the time of the release
DateRelated Instruments Price Volatility
1 min later5 min later10 min later15 min later30 min later
About Monthly Leading Indicator of the Swiss Economy

The KOF Economic Barometer is a monthly indicator used to predict economic trends in Switzerland, published by the KOF Swiss Economic Institute. This index is calculated by combining multiple economic indicators used to forecast future economic activity.

When the KOF Economic Barometer rises, it suggests that the Swiss economy is expected to expand over the coming months. Conversely, a decline in the index indicates a potential contraction in the economy. This index is utilized to quickly grasp overall economic trends, making it a critical information source for policymakers, businesses, and investors.

Policymakers use the KOF Economic Barometer to assess economic outlooks and formulate appropriate monetary and fiscal policies. For instance, if the index indicates strong growth, the central bank might consider raising interest rates to mitigate inflation risks. On the other hand, if the index declines, there might be a need to strengthen economic stimulus measures.

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