4th Quarter 2023: Weak Economic Performance Persists
15 Feb 2024 - Mitteilung
The longer lasting weak performance of Liechtenstein’s economy has continued. The value of the KonSens business cycle index fell from −0.4 to −0.9 in the 4th quarter of 2023.
While employment and goods exports developed positively, firm survey data and goods imports in particular had a negative impact on the KonSens. The business cycle index has been in negative territory for eight consecutive quarters, signaling below-average quarterly growth in historical comparison. This is the longest period of continuously negative index values since the negative phase of 2001–2003.
