After jumping 5.9% in March, exports stagnated in April, however, rising to a high level of 20 billion francs. Imports confirmed their vitality in previous months, up 3.5% to 16.8 billion francs (actual: + 2.2%). The trade balance closes with a surplus of 3.3 billion francs. Switzerland Trade Balance, April 2021(see more posts on Switzerland Trade Balance, ) Source: Investing.com - Click to enlarge [embedded content] You Might Also Like Weekly SNB Sight Deposits and Speculative Positions: Inflation is there, CHF must Rise 2021-05-25 Update May 24 2021: SNB intervening. Sight Deposits have risen by +1.9 bn CHF, this means that the SNB is intervening and buying Euros and
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| After jumping 5.9% in March, exports stagnated in April, however, rising to a high level of 20 billion francs. Imports confirmed their vitality in previous months, up 3.5% to 16.8 billion francs (actual: + 2.2%). The trade balance closes with a surplus of 3.3 billion francs. |
Switzerland Trade Balance, April 2021(see more posts on Switzerland Trade Balance, ) Source: Investing.com - Click to enlarge |
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Weekly SNB Sight Deposits and Speculative Positions: Inflation is there, CHF must Rise
2021-05-25
Update May 24 2021: SNB intervening. Sight Deposits have risen by +1.9 bn CHF, this means that the SNB is intervening and buying Euros and Dollars.
Swiss Trade Balance: 2020 salt exports: lowest in 30 years
2021-03-09
Swiss foreign trade in salt has plummeted since 2010. Over the past ten years, exports have plunged 91% to 6,084 tonnes and imports by 69%. In 2019 and 2020, the amount of salt imported was greater than that exported, a phenomenon that had not occurred since 2009.
Swiss Retail Sales, January 2021: -0.9 percent Nominal and -0.5 percent Real
2021-03-01
Turnover adjusted for sales days and holidays fell in the retail sector by 0.9% in nominal terms in January 2021 compared with the previous year. Seasonally adjusted, nominal turnover fell by 4.9% compared with the previous month. The economic sectors were affected to varying degrees.
Employment in Switzerland fell in 4th quarter 2020 for the third consecutive time
2021-02-27
In the 4th quarter 2020, the total employment (number of jobs) fell by 0.4% in comparison with the same quarter a year earlier (+0.1% with previous quarter). Among women, the decrease was 0.6%, while employment among men fell by 0.3%. In full-time equivalents, employment in the same period declined also by 0.4%.
Switzerland GDP Q4 2020: +0.3 percent QoQ, -1.6 percent YoY
2021-02-26
Switzerland’s GDP growth slowed to 0.3 % in the 4th quarter after reaching 7.6 % in the 3rd quarter. Major losses were recorded in the services directly affected by the tightening of the containment measures. Other industries continued to recover. On the whole, the second wave of the coronavirus until the end of 2020 had much less of an impact on the economy than the first wave did last spring.
Switzerland Unemployment in January 2021: risen to 3.7percent, seasonally adjusted remained at 3.5percent
2021-02-08
Registered unemployment in October 2020 – According to surveys by the State Secretariat for Economic Affairs (SECO), 149,118 unemployed people were registered with the regional employment centers (RAV) at the end of October 2020, 558 more than in the previous month. The unemployment rate remained at 3.2% in the month under review. Compared to the same month last year, unemployment increased by 47,434 people (+ 46.6%).
Swiss Retail Sales, December 2020: 3.5 percent Nominal and 4.7 percent Real
2021-02-01
Retail trade turnover adjusted for sales days and holidays showed nominal growth of 3.5% in December 2020 compared with the same month of the previous year. Seasonally adjusted, nominal turnover grew by 2.2% compared with the previous month. Despite the impact of the Covid-19 pandemic on the whole of 2020, provisional results show nominal growth of 0.1%.
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