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Tag Archives: 2.) Swiss Statistics – Press Releases

Swiss Consumer Price Index in March 2021: -0.2 percent YoY, +0.3 percent MoM

01.04.2021 – The consumer price index (CPI) increased by 0.3% in March 2021 compared with the previous month, reaching 100.6 points (December 2020 = 100). Inflation was –0.2% compared with the same month of the previous year. These are the results of the Federal Statistical Office (FSO). The 0.3% increase compared with the previous month can be explained by several factors including rising prices for clothing and footwear due to the end of the seasonal sales. Heating...

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Europe was the main continent of residence for Swiss citizens abroad in 2020

30.03.2021 – At the end of 2020, more than one in ten Swiss citizens lived abroad. Almost two thirds lived in Europe, notably in France. Their number increased by 0.7% compared with 2019. The increase in the number of persons aged 65 and over was the most marked (+2.8%). Overall, the share of women remained greater than that of men, according to the results of the statistics on the Swiss abroad from the Federal Statistical Office (FSO). In 2020, 776 300 Swiss...

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Swiss Producer and Import Price Index in February 2021: -1.1 percent YoY, unchanged MoM

18.03.2021 – The Producer and Import Price Index remained unchanged in February 2021 compared with the previous month. The index stood at 100.3 points (December 2020 = 100). Petroleum products as well as basic metals and semi-finished metal products in particular saw higher prices, while pharmaceutical products became cheaper. Compared with February 2020, the price level of the whole range of domestic and imported products fell by 1.1%. These are the results of the...

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Swiss Retail Sales, January 2021: -0.9 percent Nominal and -0.5 percent Real

01.03.2021 – 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. These are some of the findings from the Federal Statistical Office (FSO). Real turnover adjusted for sales days and holidays fell in the retail sector by 0.5% in January...

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Employment in Switzerland fell in 4th quarter 2020 for the third consecutive time

26.02.2021 – 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%. The Swiss economy counted 12 600 fewer vacancies than in the corresponding quarter of the previous year (-16.1%) with the employment outlook...

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Switzerland GDP Q4 2020: +0.3 percent QoQ, -1.6 percent YoY

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 Gross Domestic Product (GDP) QoQ, Q4 2020(see more posts on...

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Swiss Producer and Import Price Index in January 2021: -2.1 percent YoY, +0.3 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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Secondary sector with strong production and turnover losses in the 4th quarter and for the whole of 2020

19.02.2021 – Secondary sector production declined 3.1% in 4th quarter 2020 in comparison with the same quarter a year earlier. Turnover fell by 4.4%. For 2020 as a whole which was shaped by the Covid 19 pandemic, there were strong decreases in production (-3.3%) and turnover (-5.2%). The last time such losses were observed in production figures was in 2009, a year affected by the financial crisis. This is shown by provisional results from the Federal Statistical...

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Average annual inflation rate for residential property in 2020 was 2.5 percent

16.02.2021 – The Swiss residential property price index (IMPI) increased in the 4th quarter 2020 compared with the previous quarter by 2.3% and reached 103.1 points (4th quarter 2019 = 100). Compared with the same quarter of the previous year, inflation was 3.1%. The average annual inflation rate for residential property in 2020 was 2.5%. These are some the results from the Federal Statistical Office (FSO). The average annual inflation rate of the IMPI for 2020 of...

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Swiss Retail Sales, December 2020: 3.5 percent Nominal and 4.7 percent Real

01.02.2021 – 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%. This positive growth consists of contrasting developments in the sectors with some strong turnover...

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