2nd Quarter 2025: KonSens with marked increase, but still negative

29 Aug 2025 - Notification
Global uncertainty continues to weigh on international trade and thus also on Liechtenstein’s economy. The value of the KonSens business cycle index improved markedly in the 2nd quarter of 2025, rising from −1.1 to −0.6, but remained negative.

Although the business survey data has slightly improved, goods exports development and employment growth remained weak. Even though there have been signs of a recovery in the last four quarters, the KonSens has now been in negative territory for fourteen quarters, which signals below-average quarterly growth in historical comparison.

www.liechtenstein-institut.li/konsens