Business News
Swiss KOF economic indicator slips in November
Nov 26, 2010, 12:35 GMT
Geneva - Switzerland's KOF Economic Institute barometer showed a slight decline in November, according to data released Friday, signaling that growth would continue but at a slower pace.
Year-on-year growth 'should stay positive, but with diminishing momentum,' the institute said, explaining the monthly indicator, which slipped from a revised level of 2.16 in October to 2.12 this month. The figure has been sliding downwards since the summer.
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