KOF Economic Barometer
Definition
A composite indicator published monthly that estimates the GDP growth rate of the Swiss economy. It uses 25 multisectoral bundled individual indicators that are combined as part of the "Core GDP" model, excluding the credit and construction industries. Three parallel measurement models are then combined and summarized through the "Core GDP module indicator". These models are called "Swiss Industry", "Swiss Consumption" and "Export Destination EU". A weighted average is then calculated to produce the KOF Economic Barometer.
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