Tag Archives: 2.) Swiss Statistics – Press Releases

07.07.2020 – Foreign demand was strong in 2019. The income side of the tourism balance of payments grew, reaching a record level of CHF 17.8 billion. At the same time, people living in Switzerland did not increase their expenditure when travelling abroad, despite price conditions that were more favourable. The tourism balance of payments was negative at CHF -798 million, according to initial estimates from the Federal Statistical Office (FSO). Saldo der...

30.06.2020 – Turnover adjusted for sales days and holidays rose in the retail sector by 5.6% in nominal terms in May 2020 compared with the previous year. Seasonally adjusted, nominal turnover rose by 30.2% compared with the previous month. These are provisional findings from the Federal Statistical Office (FSO). Real turnover adjusted for sales days and holidays rose in the retail sector by 6.6% in May 2020 compared with the previous year. Real growth takes...

15.06.2020 – In 2019, supplementary accommodation posted a total of 16.7 million overnight stays, i.e. an increase of 0.7% compared with 2018. With 11.4 million units, Swiss visitors represented more than two-thirds of demand (68.6%), i.e. a rise of 2.4%. Foreign visitors registered a 2.8% decrease with 5.2 million units. With 4.4 million overnight stays (-3.8%), European visitors accounted for the majority of stays by foreign guests. These are the final results from...

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...

04.06.2020 – The consumer price index (CPI) remained stable in May 2020 compared with the previous month, remaining at 101.3 points (December 2015 = 100). Inflation was –1.3% 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 housing rental, international package...

Switzerland’s GDP fell by –2.6 % in the 1st quarter of 2020, after rising by +0.3% in the previous quarter.  Due to the coronavirus pandemic and the measures to contain it, economic activity in March was severely restricted. The international economic slump also slowed down exports. Switzerland Gross Domestic Product (GDP) QoQ, Q1 2020(see more posts on Switzerland Gross Domestic Product, ) Source: investing.com - Click to enlarge Switzerland Gross Domestic...

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...

12.05.2020 – In 2019, people spent 7.929 billion hours working. Between 2014 and 2019, the actual weekly hours worked by full-time employees fell by 15 minutes on average, reaching 41 hours and 2 minutes. At the same time, the number of weeks of annual holiday continued its gradual increase to 5.2 weeks, according to the latest results from the Federal Statistical Office (FSO). The results in this press release concern the hours worked in 2019. The effects of the...

05.05.2020 – The consumer price index (CPI) fell by 0.4% in April 2020 compared with the previous month, reaching 101.3 points (December 2015 = 100). Inflation was –1.1% compared with the same month of the previous year. These are the results of the Federal Statistical Office (FSO). The 0.4% decrease compared with the previous month can be explained by several factors including falling prices for air transport. Hotel accommodation also recorded a price decrease, as...

30.04.2020 – Turnover adjusted for sales days and holidays fell in the retail sector by 6.2% in nominal terms in March 2020 compared with the previous year. Seasonally adjusted, nominal turnover fell by 6.0% compared with the previous month. Following the COVID-19 pandemic, turnover slumped markedly in some sectors. These are provisional findings from the Federal Statistical Office (FSO). Real turnover adjusted for sales days and holidays fell in the retail sector...