On September 30, 2025, the economic research institute KOF released Switzerland’s October KOF Economic Leading Indicator. The reported value was 98; no consensus forecast was provided, with the previous reading also at 98.Definition: Leading indicators are metrics that provide forward-looking predictions of economic trends. Changes in these indicators subsequently affect the development of overall economic conditions. Common examples include initial unemployment insurance claims, money supply, average weekly working hours, new housing starts, and stock market indices. The composite leading indicator is a weighted average of ten key economic data points used to forecast near-term economic momentum. Typically, this index declines ahead of economic contraction, which is negative for the Swiss franc; conversely, it rises before the onset of expansion, which is positive for the Swiss franc.Market Impact: A reported value exceeding expectations is considered positive for the Swiss franc. This data carries a significance rating of 3. The index is calculated using twelve economic variables to measure overall conditions and is published monthly. The next release is scheduled for November 28, 2025.
This content is AI-generated.Please verify before use.
Disclaimer: The Crypto Calendar is for informational purposes only and doesn’t reflect Gate.com’s views or serve as financial advice.