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KOF: Swiss Business Situation Improves in October

MT Newswires·11/04/2026 03:28:55
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03:28 AM EST, 11/04/2026 (MT Newswires) -- The KOF Business Situation Indicator for the Swiss private sector rose in October, mainly driven by improvements in manufacturing, wholesale trade, hospitality and construction industries. Based on the KOF Business Tendency Surveys published Wednesday, the seasonally adjusted index rose to 24.7 in October from the previous month's 22.9. Conversely, business expectations for the next six months are "no longer quite as confident." While manufacturing remains positive despite a slight pullback, outlooks in financial and insurance services, construction, and project engineering are less encouraging than last month.