KOF Economic Barometer

DEFINITION of 'KOF Economic Barometer'

A composite indicator that provides a reliable reading on the direction of GDP growth for the Swiss economy compared with the year-earlier quarter. The KOF Economic Barometer is based on a multi-sectoral design with three modules: core GDP, construction and banking. The barometer has a complex structure, as it bundles as many as 20 individual indicators in several steps. It is published monthly by the KOF Swiss Economic Institute.

BREAKING DOWN 'KOF Economic Barometer'

Although the KOF Institute cautions that no conclusions can be drawn about the level of the GDP growth rate on the basis of the KOF Economic Barometer, the barometer is closely followed by participants in the financial markets. Barometer readings that are higher than expected may have the effect of strengthening the Swiss franc, while lower than anticipated readings may weaken it.

RELATED TERMS
  1. Barometer Stock

    A security whose performance is considered to be an indicator ...
  2. Barometer

    A compilation of market and economic data that represents a general ...
  3. January Barometer

    A theory stating that the movement of the S&P 500 during ...
  4. Swiss National Bank

    The Swiss National Bank is the bank that is responsible for setting ...
  5. Gross Domestic Product - GDP

    The monetary value of all the finished goods and services produced ...
  6. Nominal GDP

    A gross domestic product (GDP) figure that has not been adjusted ...
Related Articles
  1. Investing Basics

    The January Barometer: Is it Still Relevant?

    The January Barometer has been historically accurate. Will that be the case in 2016?
  2. Markets

    Conference Board: Consumer Internet Barometer

    By Chris Stone Contact Chris It's easy to remember a time when investors' expectations about the internet were extremely overblown. The late 90s were the age of irrational exuberance, according ...
  3. Forex

    Is The Swiss Franc A Good Investment?

    Individual investors, businesses, financial institutes and even countries have been keeping their money in Swiss francs.
  4. Forex

    Is The Swiss Franc A Safe Haven?

    We examine when and why there are runs on Swiss francs.
  5. Forex Strategies

    Buying Swiss Francs as a Long-Term Investment: Risks & Rewards

    Learn about the risks and rewards of investing long term in Swiss francs and the history of the Swiss franc's exchange rate against the dollar.
  6. Retirement

    Economic Indicators: Gross Domestic Product (GDP)

    By Ryan Barnes Release Date: Advance release: four weeks after quarter ends;Final release: three months after quarter ends Release Time: 8:30am ...
  7. Forex Education

    Forex Currencies: The USD/CHF

    By Brian PerrySwitzerland is known as a stable, safe and prosperous nation. Surrounded by the Alps and with a reputation for neutrality, Switzerland has long appeared to be almost a world unto ...
  8. Mutual Funds & ETFs

    How To Invest In The Swiss Franc

    The Swiss franc is one of the safe havens of the investing world. Learn how invest through ETFs, forex, futures, and binary options.
  9. Professionals

    Economic Indicators

    Economic Indicators
  10. Forex

    Why Switzerland Scrapped the Euro

    Why did the Swiss scrap its peg to the Euro and what impact will it have globally?
RELATED FAQS
  1. What is the benefit of using real GDP over GDP?

    Find out why real GDP allows economists to measure changes in the economic growth or decline of a country more accurately ... Read Answer >>
  2. When do economists use real GDP instead of GDP?

    Learn about the purposes for which economists rely on real GDP. Find out how real GDP is calculated and how it is important ... Read Answer >>
  3. How can I use the rule of 70 to estimate a country's GDP growth?

    Find out about the rule of 70, what it is used for and how to use it to determine the number of years a country's GDP takes ... Read Answer >>
  4. Is real GDP a better index of economic performance than GDP?

    Learn why real GDP is a better index for expressing the output of an economy, as it takes into account the factors that distort ... Read Answer >>
  5. What's the most accurate way to find out a nation's nominal GDP?

    Learn about easy-to-use and most reliable sources for finding a country's nominal GDP data and which sources contain the ... Read Answer >>
  6. How does the United States government measure economic growth?

    Find out how the Bureau of Labor Statistics and the Bureau of Economic Analysis measure economic growth in the United States ... Read Answer >>
Hot Definitions
  1. Law Of Demand

    A microeconomic law that states that, all other factors being equal, as the price of a good or service increases, consumer ...
  2. Cost Of Debt

    The effective rate that a company pays on its current debt. This can be measured in either before- or after-tax returns; ...
  3. Yield Curve

    A line that plots the interest rates, at a set point in time, of bonds having equal credit quality, but differing maturity ...
  4. Stop-Limit Order

    An order placed with a broker that combines the features of stop order with those of a limit order. A stop-limit order will ...
  5. Keynesian Economics

    An economic theory of total spending in the economy and its effects on output and inflation. Keynesian economics was developed ...
  6. Society for Worldwide Interbank Financial Telecommunications ...

    A member-owned cooperative that provides safe and secure financial transactions for its members. Established in 1973, the ...
Trading Center