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KOF leading indicator close
# Revised Better / Worse Units: index
Impact Actual Forecast Previous Time Date
Med 0.43 0.20 0.09 02:00 4/27


KOF Economic Research Agency


Measures overall economic activity through a qualitative business survey.



Why should I care?

Released monthly by Swiss Institute for Business Cycle Research (KOF), the index can help forecast the country's GDP growth about eight months in advance. A high reading is usually bullish for the Swiss franc as this would imply robust economic growth.


The OlsenScale (SMQ)

The Olsen Scale quantifies the market activity according to the Scale of Market Quakes (SMQ).

Similar to the Richter scale which measures the release of seismic energy during an earthquake, the SMQ relates excessive pricing along various price and time scales to historical data by assigning a single number to it. On a constant basis, the scale therefore characterizes the state of the market.

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Released: Apr 27, 2012 2:00
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