Business confidence · Switzerland
Switzerland KOF Leading Indicators
The Switzerland KOF Leading Indicators asks companies in Switzerland how they judge current business conditions and what they expect for the coming months.
- Важность
- High
- Опубликовано
- Monthly
- Следующая публикация
- Валюта
- CHF · Swiss franc
- Центральный банк
- The Swiss National Bank
Последние данные
Последняя публикация, за OCT, вышла 2026-10-30; значение: 107.6. Это ниже консенсус-прогноза 108.3. Это ниже, чем 109.1 в прошлый раз.
A weaker figure than expected points to slowing activity: the Swiss franc tends to soften and markets price in lower rates.
За последние 12 публикаций значение колебалось от 96.1 до 109.1, в среднем 102.7.
| Опубликовано | Для | Факт | Консенсус | Предыдущее |
|---|---|---|---|---|
| 30 Oct 2026 | OCT | 107.6 | 108.3 | 109.1 |
| 29 Sep 2026 | SEP | 109.1 | 106 | 107.5 ® |
| 28 Aug 2026 | AUG | 106.7 | 103.3 | 104.2 ® |
| 30 Jul 2026 | JUL | 103.5 | 101 | 102.1 ® |
| 30 Jun 2026 | JUN | 101.2 | 98.2 | 98.6 ® |
| 29 May 2026 | MAY | 98.0 | 98 | 97.8 ® |
| 30 Apr 2026 | APR | 97.9 | 95.9 | 95.6 ® |
| 30 Mar 2026 | MAR | 96.1 | 102 | 103.8 ® |
| 27 Feb 2026 | FEB | 104.2 | 103 | 103.3 ® |
| 30 Jan 2026 | JAN | 102.5 | 103 | 103.6 ® |
| 30 Dec 2025 | DEC | 103.4 | 101.4 | 101.7 |
| 28 Nov 2025 | NOV | 101.7 | 101.5 | 101.5 ® |
Почему это важно
Confidence leads hiring and investment decisions, so these surveys often turn before the hard data. Germany's Ifo and ZEW, and Japan's Tankan, are among the most market-moving releases for the euro and the yen.
Как считается
Survey answers (better/same/worse) are turned into a balance (positive minus negative answers) or an index around a long-run average of 100; the release separates current conditions from expectations.
Что означают изменения
- The expectations component turns first; watch its direction over several months.
- A gap between strong current conditions and weak expectations often marks a peak.
Выше ожиданий: A stronger figure than expected points to a healthier economy: it usually supports the Swiss franc and local stocks, and can push bond yields up.
Ниже ожиданий: A weaker figure than expected points to slowing activity: the Swiss franc tends to soften and markets price in lower rates.
Краткая история
Business tendency surveys began in Germany (Ifo) and other European countries after the Second World War; the Bank of Japan's Tankan has been run for decades, and the ZEW financial-expert survey since 1991.
Вопросы
What is the Switzerland KOF Leading Indicators?
The Switzerland KOF Leading Indicators asks companies in Switzerland how they judge current business conditions and what they expect for the coming months.
What was the latest Switzerland KOF Leading Indicators?
107.6 for OCT, published on 30 October 2026 (consensus 108.3, previous 109.1).
When is the next Switzerland KOF Leading Indicators?
On Monday 30 November 2026 at 08:00 UTC.
Только образовательный материал, не инвестиционная рекомендация. Цифры — опубликованные результаты в том виде, в каком их записал наш календарь; описанные реакции рынка типичны, но не гарантированы.