KOF economic Barometer dropped to 92.4 in February, down from 96.2 and missed expectation of 96.0. KOF noted that recent downward tendency ” continued unabated”, and the Swiss economy can expect to experience a “weak phase” in the coming months. And, the marked decline is predominantly due to negative impulses from the manufacturing industry; but the deteriorating sentiment has meanwhile also extended to the other components of this barometer.
