(RTTNews) - Wednesday, the KOF economic institute said the Swiss economic barometer increased further in September, signaling a positive annual GDP growth for the fourth quarter.

The KOF leading indicator increased to 0.85 in September from minus 0.04 in August. Economists expected a reading of 0.3. In July, the indicator was at minus 0.85. Towards the end of the year, the annual growth rate of Swiss GDP could return into positive territory, the Zurich-based think tank said.

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Posted in Categories: Economy, Releases, Switzerland.

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