KOF ECONOMIC BAROMETER
A composite indicator, which is published monthly, to give an estimate GDP growth rate of the Swiss economy compared with the year-earlier quarter. It is based on 25 multisectoral design combined with three Core GDP models: core GDP, construction, and banking. Then, these measurement models are summarized through Core GDP Module Indicator, which are called Swiss Industry, Swiss Consumption, and Export Destination EU. It has a complex structure as it binds some 20 individual indicators in many steps.
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 11:00 | Ifo Business Climate Index | Jan | |
| 11:00 | Ifo Current Assessment | Jan | |
| 11:00 | IFO - Expectations | Jan | |
| 15:30 | Durable Goods Orders | Nov | |
| 16:00 | NBB Business Climate | Jan | |
| 01:50 | Corporate Service Price Index | Dec | |
| 02:01 | BRC Shop Price Index | Jan | |
| 02:30 | NAB Business Confidence | Dec | |
| 04:00 | Credit Card Spending | Dec |
