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Tag Archives: 2.) Swiss Statistics – Press Releases

Swiss Producer and Import Price Index in November 2020: -2.3 percent YoY, -0.5 percent MoM

The Producer Price Index (PPI) or officially named “Producer and Import Price Index” describes the changes in prices for producers and importers. For us it is interesting because it is used in the formula for the Real Effective Exchange Rate. When producers and importers profit on lower price changes when compared to other countries, then the Swiss Franc reduces its overvaluation. The Swiss PPI values of -6% in 2015 (see below), compared to -3% in Europe or -1% in...

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Swiss Retail Sales, November 2020: 1.0 percent Nominal and 1.7 percent Real

07.01.2021 – Turnover adjusted for sales days and holidays rose in the retail sector by 1.0% in nominal terms in November 2020 compared with the previous year. Seasonally adjusted, nominal turnover fell by 2.4% compared with the previous month. These are the provisional findings from the Federal Statistical Office (FSO). Real turnover adjusted for sales days and holidays rose in the retail sector by 1.7% in November 2020 compared with the previous year. Real growth...

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Switzerland Construction prices fell by 0.2 percent in October 2020

17.12.2020 – The construction price index recorded a decline of 0.2% between April and October 2020, reaching 99.7 points (October 2015 = 100). This result reflects a decline in building prices and a slight growth in civil engineering prices. Year on year, construction prices remained stable. These are some of the findings from the Federal Statistical Office (FSO). Development of the construction price index in Switzerland, October 2020 - Click to enlarge...

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Swiss Producer and Import Price Index in November 2020: -2.7 percent YoY, -0.1 percent MoM

The Producer Price Index (PPI) or officially named “Producer and Import Price Index” describes the changes in prices for producers and importers. For us it is interesting because it is used in the formula for the Real Effective Exchange Rate. When producers and importers profit on lower price changes when compared to other countries, then the Swiss Franc reduces its overvaluation. The Swiss PPI values of -6% in 2015 (see below), compared to -3% in Europe or -1% in...

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Swiss Consumer Price Index in November 2020: -0.7 percent YoY, -0.2 percent MoM

02.12.2020 – The consumer price index (CPI) fell by 0.2% in November 2020 compared with the previous month, reaching 101.0 points (December 2015 = 100). Inflation was –0.7% compared with the same month of the previous year. These are the results of the Federal Statistical Office (FSO). The 0.2% decrease compared with the previous month can be explained by several factors including falling prices for international package holidays. Hotel accommodation also recorded a...

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Switzerland GDP Q3 2020: 7.2 percent QoQ, -1.6 percent YoY

Switzerland’s GDP grew by 7.2 % in the 3rd quarter of 2020,  after decreasing by a total of 8.6 % in the first half of the year. Domestic demand and parts of the service sector recovered significantly, while international developments had an adverse impact on exports. Switzerland Gross Domestic Product (GDP) QoQ, Q3 2020(see more posts on Switzerland Gross Domestic Product, ) Source: investing.com - Click to enlarge In the 3rd quarter, Switzerland’s GDP grew...

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Price indices’ upgrade includes addition of an official residential property price index

26.11.2020 – From 2021, the price indices published by the Federal Statistical Office (FSO) will be armed with an updated methodology that reflects market changes as closely as possible. Furthermore, a new price index will be added to the existing set, measuring residential property price change, which will be published on a quarterly basis. These economic indicators are very important, both for economic and monetary policy and for the indexation of monetary values...

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Employment in Switzerland continued to fall in 3rd quarter

26.11.2020 – In the 3rd quarter 2020, total employment (number of jobs) fell by 0.4% in comparison with the same quarter a year earlier (+0.5% with previous quarter). In full-time equivalents, employment in the same period declined by 0.1%. The Swiss economy counted 11 900 fewer vacancies than in the corresponding quarter of the previous year (–15.1%) with the employment outlook indicator also indicating a downward trend (-2.3%). These are some of the latest findings...

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Swiss Consumer sentiment: No further recovery of consumer sentiment

Consumer sentiment in Switzerland has largely been stagnating since the summer. All sub-indices used for the calculation are still below their long-term average and none have improved significantly compared to this summer’s survey. Economic development and the situation on the labour market are seen as unfavourable. As of October, the consumer sentiment index stands at –13 points, almost at the same level as in July (–12 points). The sentiment remains gloomy,...

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Swiss Consumer Price Index in October 2020: -0.6 percent YoY, 0.0 percent MoM

03.11.2020 – The consumer price index (CPI) remained stable in October 2020 compared with the previous month, remaining at 101.2 points (December 2015 = 100). Inflation was –0.6% compared with the same month of the previous year. These are the results of the Federal Statistical Office (FSO). The stability of the index compared with the previous month is the result of opposing trends that counterbalanced each other overall. Prices for clothing and footwear increased,...

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