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Swiss KOF Economic Barometer Increases in April

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-- The KOF Swiss Economic Institute's economic barometer climbed to 97.9 points in April from the revised 95.6 points in the previous month, according to a Thursday release.

Analysts expected 95.9 points for the month.

Despite the improvement, KOF said the indicator remained below its medium-term average, continuing to signal a subdued outlook for the Swiss economy.

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