03:12 AM EDT, 08/28/2026 (MT Newswires) -- The KOF Swiss Economic Institute's economic barometer increased to 106.7 points in August from the revised 104.2 points in July, according to a Friday release. Analysts expected 103 points for the month. KOF said the level is now "noticeably above" its medium-term average following consecutive increases in the previous months. Positive developments were seen in the indicator bundles for manufacturing, other services and foreign demand, while that for private consumption was "slightly under pressure."

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.