Tag Archives: Swiss Macro

[unable to retrieve full-text content]Turnover in the retail sector fell by 2.6% in nominal terms in July 2016 compared with the previous year. This decrease has been ongoing since January 2015. Seasonally adjusted, nominal turnover rose by 0.4% compared with the previous month. These are provisional findings from the Federal Statistical Office (FSO).

Exports and Imports YoY Development In July 2016, Swiss exports declined due to two working days less. Adjusted for this difference, exports were up 7.9% YoY (in real terms: + 2.4%) and imports 11.8% YoY (in real terms: + 8.2%). Exports and Imports MoM Development  Compared with June 2016, seasonally adjusted exports rose by 3.5% (in real terms: + 5.5%). Thus the positive trend that began in mid-2015 continues....

18.08.2016 09:15  – FSO, Labour Force (0353-1607-60) Swiss Labour Force Survey in 2nd quarter 2016: labour supply 1.6% increase in number of employed persons; unemployment rate based on ILO definition rises slightly to 4.3% Neuchâtel, 18.08.2016 (FSO) – The number of employed persons in Switzerland rose by 1.6% between the 2nd quarter 2015 and the 2nd quarter 2016. During the same period, the unemployment rate as...

15.08.2016 09:15  – FSO, Prices (0353-1607-50) The Producer Price Index or officially named “Producer and Import Price Index” describes how the changes in price for producers and importers. For us it interesting because it is used in the formula for the Real Effective Exchange Rate. I When producers and importers profit on lower prices (compared to other countries), then the Swiss Franc reduces its overvaluation. In...

Via Google Translate and some improvements:   In the pharmaceutical industry, which is well under way, the salaries should increase by at least 1 percent. (Image: Simon Tanner / NZZ) The unions are demanding higher salaries for next year. However, gains are realistic only in individual sectors. In addition, can be expected in Switzerland with a lower purchasing power gain. The workers umbrella organization Travail...

The UBS Swiss Real Estate Bubble Index nudged down in 2Q 2016 to 1.32 points and thus remains in the risk zone. This second drop in a row was due to house prices falling in real terms and the declining momentum of mortgage growth. Investments in real estate remain popular due to low interest rates. Zurich, 10 August 2016 – The UBS Swiss Real Estate Bubble Index was in the risk zone in 2Q 2016 at 1.32 index points....

Via Google Translate: Bern, 08.09.2016 – Registered unemployment in July 2016 – According to surveys conducted by the State Secretariat for Economic Affairs (SECO) were the end of July 2016 139’310 registered as unemployed at the regional employment centers (RAV), 183 more than last month. The unemployment rate remained at 3.1% in June. Compared to the previous month, unemployment increased by 5’556 persons (+ 4.2%)....

08.08.2016 09:15  – FSO, Prices (0353-1607-40) Swiss Consumer Price Index in July 2016 Consumer prices fall by 0.4% Neuchâtel, 08.08.2016 (FSO) – The Swiss Consumer Price Index (CPI) fell by 0.4% in July 2016 compared with the previous month, reaching 100.3 points (December 2015=100). Inflation was -0.2% in comparison with the same month in the previous year. These are the findings of the Federal Statistical Office...

05.08.2016 09:15  – FSO, Tourism (0353-1607-30) Statistics on tourist accommodation in June and in the first half of 2016 Overnight stays decline in first half-year and in June Neuchâtel, 05.08.2016 (FSO) – The hotel sector registered 16.8 million overnight stays in Switzerland during the first sixth months of 2016. This represents a decrease of 1.2% (-199,000 overnight stays) compared with the same period a year...

Bern, 04.08.2016 – Consumer sentiment remained unchanged between April and July 2016* and is now below the long-term average for the fifth quarter in a row. Most sub-indices also saw no major change, except regarding inflation, with the 1,200 or so individuals questioned expecting prices to rise more sharply over the next twelve months than they had in April. There was also a belief in July that prices had been rising...