In addition,
Swiss economy resumes its breath:
Zurich (AWP) – Economic prospects are improving in Switzerland. Furthermore, After reaching its lowest level in June. Meanwhile, the cyclical barometer compiled by the dedicated faculty of the Federal Polytechnic School of Zurich (EPFZ) significantly progressed in July. However,
The KOF indicator put forward 4.8 points last month to set up at 101.1 points, after 96.3 points revised in June, indicates the Côtementualiel Research Center in its periodic publication on Wednesday.
Among the indicators making up the economic barometer. those relating to the manufacturing industry, the hotel and restoration and other services particularly reflect this positive development.
The indicators relating to foreign demand and financial and insurance services are however subject to downward pressure, it is specified.
In the manufacturing. construction industry, composite indicators all have a favorable trend and in particular those corresponding to the stocks of intermediate goods, the general situation swiss economy resumes its breath of companies and the production activity. “If the indicators relating to the competitive situation are slightly weakening. those relating to the stocks of finished products remain practically unchanged,” said KOF.
“This strong dynamic is particularly reflected in the undanticators of the textile industry. the paper industry and printed products, the machine manufacturing industry and equipment, as well as the wood, glass, stone and earth segment,” he adds.
lf/ib/cw
swiss economy resumes its breath — Swiss economy resumes its breath: Zurich (AWP) – Economic prospects are improving in. Switzerland. After reaching its lowest level in June. the cyclical barometer compiled by the dedicated faculty of the Federal Polytechnic School of Zurich (EPFZ) significantly progressed in July..
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