Swiss KOF Economic Barometer rose to 113.8 in September, up from 110.2, beat expectation of 106. That’s the four rise in a row after a historic drop earlier this year. KOF said, “at present, the economy is taking a V-shaped course, so that a recovery of the Swiss economy can be expected for the time being. However, a second wave of COVID-19 cases could lead to a sharp revision of this assessment.”
Also released, Credit Suisse Economic Expectations dropped to 26.2 in September, down form 45.6.
