Swiss KOF dropped to 103.5, retail sales rose 3.1% yoy

<p>Swiss KOF Economic Barometer dropped to 103.5 in November, down from 106.6, above expectation of 101.0. The barometer is thus moving towards its long-​term average, which means that the outlook for the Swiss economy remains subdued also in view of the current pandemic situation. Also from Swiss, retail sales rose 3.1% yoy in October.</p>
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