Swiss May KOF economic barometer rises to 1.96, in-line with forecasts |
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Published
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Fri, 25 May 2007 11:23
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ZURICH (Thomson Financial) - The University of Zurich's Centre for Economic Research (KOF) said its economic barometer rose to 1.96 points in May from 1.90 points in April and 1.84 points in March.The figure comes in at the upper end of economists' forecasts, which had seen the index coming in at between 1.8 points and 1.97 points.The centre said the index points to further acceleration and solid performance for the Swiss economy.johanna.treeck@thomson.comjmt/ejbCOPYRIGHTCopyright AFX News Limited 2007. All rights reserved.The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.
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