New data KOF Leading Indicators (Nov)
11/29/2024
actual 101.8, previous 99.5
The KOF Leading Indicators is an economic indicator released by the KOF Swiss Economic Institute. It is used to forecast the direction of the Swiss economy in the near future.In this event, the KOF Leading Indicators for November have been released with an actual value of 101.8. This represents a positive change of 2.3 from the previous value of 99.5. The indicator exceeded the market estimate of 100, indicating that the Swiss economy is performing better than expected.
This event is considered to have a medium impact on the Swiss economy and the CHF currency. A higher-than-expected value for the KOF Leading Indicators is generally seen as positive for the Swiss economy and the Swiss Franc.
This is not investment advice. Remember to verify the information provided here.
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