Industry in Switzerland

Switzerland Industry | Economic News & Forecasts

Switzerland - Industry

Weakness persisted at the end of the first quarter as seen in the latest economic data. The PMI for both the manufacturing and services sectors fell to multi-year lows in March. Manufacturing was dragged down by a drop in production, which reflected softer demand in the export-oriented sector against the backdrop of a sluggish Euro area and a slowing global economy, while the services sector was likewise hit by a sharp slowdown in business activity growth. Moreover, retail sales fell again in February, indicating soft private consumption in the quarter. Although inflation has been anemic and the labor market is tight, real wage growth has been tepid, which was likely a contributing factor to weak retail sales. On a brighter note, the KOF economic barometer rebounded modestly in March, although it continued to point to a below-average pace of growth in the months ahead.

Switzerland - Industry Data

2013  2014  2015  2016  2017  
Industrial Production (annual variation in %)0.8  1.4  -2.5  0.0  5.0  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.

Download

Switzerland Industry Chart


Switzerland Industry
Note: Annual variation of industrial output in %.
Source: Swiss Federal Statistics Office (BFS) and Met the why particular calculations.

Switzerland Facts

ValueChangeDate
Bond Yield-0.446.27 %May 13
Exchange Rate1.01-0.54 %May 13
Stock Market9,363-0.82 %May 13

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.

Download

Request a Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

Search form