Tag Archives: Swiss Macro

Unemployment Rate (not seasonally adjusted) Registered unemployment in November 2017 – According to the State Secretariat for Economic Affairs (SECO) surveys, at the end of November 2017 there were 137’317 unemployed registered at the Regional Employment Centers (RAV), 2’517 more than in the previous month. The unemployment rate rose from 3.0% in October 2017 to 3.1% in the month under review. Compared with the...

Neuchâtel, 04.12.2017 (FSO) – Gross domestic product (GDP) growth slowed between 2014 and 2015 in most cantons. Nevertheless, the cantons of Neuchâtel (+ 4.4%), Schaffhausen (+ 2.9%), Schwyz (+ 2.9%) and Zug (+ 2.8%) recorded a clearly positive development. The canton of Zurich once again made the biggest contribution to the nationwide growth. These results are based on the first estimates of the Federal Statistical...

The consumer price index (CPI) fell by 0.1% in November 2017 compared with the previous month, reaching 100.9 points (December 2015=100). Inflation was 0.8% compared with the same month of the previous year. Switzerland Consumer Price Index (CPI) YoY, Nov 2017(see more posts on Switzerland Consumer Price Index, ) Source: Investing.com - Click to enlarge Swiss Consumer Price Index in November 2017 German Text...

Neuchâtel, 05.12.2017 (FSO) – The hotel sector registered 21.3 million overnight stays in Switzerland during the summer tourist season (from May to October 2017). This represents an increase of 5.9% (+1.2 million overnight stays) compared with the same period a year earlier. With a total of 12.1 million overnight stays, foreign demand rose by 7.3% (+823,000). Domestic visitors registered a 4.0% increase (+356,000) with...

The Used Goods Question Retail sales in several countries like Germany, Japan and Switzerland continue to fall or they remain steady for years. In the United States they have strongly risen recently. We should remind readers, that used goods sold via Ebay or similar, are not contained in this statistics. Still they create economic value for the purchases. By mentality, Swiss, Germans or Japanese pay more attention so...

Switzerland’s real gross domestic product (GDP) grew by 0.6 % in the 3rd quarter of 2017,* boosted by manufacturing in particular. Many service sectors also contributed to growth, including trade, business services and healthcare. By contrast, value added fell slightly in construction and the financial sector. On the expenditure side, both domestic final demand and foreign trade underpinned GDP. Consumption, investment...

The KOF Economic Barometer continued its upward tendency in November. It rose by 0.5 points to 110.3 points (after revised 109.8 in October). This is the third consecutive increase of the indicator. The Swiss economy continues to gain momentum towards the end of the year. As in the previous month, the indicators for manufacturing are responsible for a substantial part of the increase. In addition, the...

Premium growth from 2016 to 2017 dampens the development of disposable income by 0.3 percentage points Neuchâtel, 24.11.2017 (FSO) – The health insurance premiums index (CIPI) recorded a growth of 3.8 percent over the previous year for the 2017 premium year. The KVPI thus achieved an index level of 185.3 points (base 1999 = 100). The impact of premium development on the growth of disposable income can be estimated...

The Swiss consumption indicator by UBS shows improvements. The indicator is still distant from the highs in 2012. At the time stronger growth in Emerging Markets and the weaker franc helped the Swiss economy. The UBS consumption indicator was quoted at 1.54 points in October, suggesting that private consumption is growing at a solid pace in the fourth quarter. A weaker Swiss franc and a drop in unemployment provide...

Neuchâtel, 27.11.2017 (FSO) – In the 3rd quarter 2017, total employment (number of jobs) rose by 0.8% in comparison with the same quarter a year earlier (+0.3% with the previous quarter). In full-time equivalents, employment in the same period rose by 0.5%. The Swiss economy counted 4000 more vacancies than in the corresponding quarter of the previous year (+7.5%) and the employment outlook indicator is also indicating...