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    HomeLive CommentsSwiss KOF dropped to 96.4 on manufacturing and construction

    Swiss KOF dropped to 96.4 on manufacturing and construction

    ActionForex
    By ActionForex

    Swiss KOF Economic Barometer dropped to 96.3 in December, down from 98.9 and missed expectation of 98.8. KOF said in the release “The main drivers of this development stem from indicators belonging to the producing sector (manufacturing and construction). In addition, a weakly negative signal is sent by the financial sector and private consumption. Favorable export prospects, on the other hand, cushion this downward tendency.”

    Full release here.

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