3rd quarter 2024: Longest negative Phase since KonSens start
19 Nov 2024 - Mitteilung
In the context of the uncertain global economic situation and sluggish global foreign trade trend, Liechtenstein’s economy remains in weak territory. The value of the KonSens business cycle index rose only slightly in the 3rd quarter of 2024, from -1.3 to -1.0.
While Liechtenstein’s foreign goods trade developed weakly, the seasonally adjusted business survey data improved slightly. The KonSens has now been in negative territory for eleven quarters, which signals below-average quarterly growth in historical comparison. This is the longest negative phase since the start of the KonSens.
