FX.co ★ Swiss KOF Leading Indicator Slips in October, Signalling Softer Growth Momentum

Switzerland’s economic outlook dimmed slightly in October as the KOF Leading Indicator declined, suggesting a moderation in growth momentum. The composite index eased to 107.6 in October 2026, down from 109.1 in September 2026.

The KOF Leading Indicator, which aggregates forward-looking data to gauge the likely path of the Swiss economy, still remains above the 100-point mark, indicating that activity is expected to stay above its long-term average, but with less vigor than in the previous month. The latest reading, updated on 30 October 2026, points to a cooling but still positive baseline for Switzerland’s near-term economic prospects.