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KOF: Swiss Business Situation Improves in April

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The KOF Business Situation Indicator for the Swiss private sector rose in April, mainly driven by improvements in manufacturing alongside "modest" gains in other services and retail trade.

Based on the KOF Business Tendency Surveys published Wednesday, the seasonally adjusted index rose to 18.3 in April from the previous month's 16.6. The reading reversed the previous month's decline and marks the highest level since the start of 2026.

Conversely, business expectations for the next six months are "more subdued" for the third consecutive month, primarily due to the outlook of the hospitality segment, wholesale trade and manufacturing.

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