Swiss KOF Economic Barometer rose to 97.1 in July, up fro 93.8 and beat expectation of 93.3. KOF said: “Slightly more favourable signals than before are coming from manufacturing, other services, accommodation and food service activities as well as financial and insurance services. Construction is contributing slightly to the positive development. Consumer prospects are practically unchanged. On the other hand, the indicators for demand from abroad have a dampening effect.”
