Tag Archives: Swiss Macro

lncrease in construction production in Switzerland in 3rd quarter 2017 Neuchâtel, 24.11.2017 (FSO) – Secondary sector production rose by 7.4% in 3rd quarter 2017 in comparison with the same quarter a year earlier. Turnover rose by 6.2%. This is the greatest increase since the 1st quarter 2008. In comparison with the previous year industrial production grew in July by 7.3%, in August by 6.5%, and in September by 13.0%....

We do not like Purchasing Power or Real Effective Exchange Rate (REER) as measurement for currencies. For us, the trade balance decides if a currency is overvalued. Only the trade balance can express productivity gains, while the REER assumes constant productivity in comparison to trade partners. Who has read Michael Pettis, knows that a rising trade surplus may also be caused by a higher savings rate while the trade...

Swiss Labor Force Survey in the third quarter of 2017: Job Offer The number of persons in employment increases by 1.0 percent; Unemployment rate according to ILO is 5.0 percent Neuchâtel, 16.11.2017 (FSO) – The number of employed persons in Switzerland rose by 1.0% between the 3rd quarters of 2016 and 2017. During the same period, the unemployment rate as defined by the International Labour Organisation (ILO) declined...

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...

On Tuesday, November 14, 2017, the OECD presents the OECD Country Report 2017 on Swiss economic policy at a media conference. This takes place at 15.00 clock in the media center Bundeshaus, Bundesgasse 8-12, 3003 Bern.The report, in French and English, will be delivered on request by the OECD ([email protected]) the day before from 3pm on CEREMONY 14 November 2017 at 15.00. The Speakers: State Secretary...

Unemployment Rate (not seasonally adjusted) Bern, 09.11.2017 – Registered unemployment in October 2017 – According to surveys by the State Secretariat for Economic Affairs (SECO), 134,800 unemployed people were registered at the Regional Employment Centers (RAV) at the end of October 2017, 1,631 more than in the previous month. The unemployment rate remained at 3.0% in the month under review. Compared with the same...

Neuchâtel, 6.11.2017 (FSO) – The consumer price index (CPI) increased by 0.1% in October 2017 compared with the previous month, reaching 100.9 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). Switzerland Consumer Price Index (CPI) YoY, Oct 2017(see more posts on Switzerland Consumer Price Index, )...

Avant-propos: Après la place financière, la production d’électricité, le secteur de la santé, des assurances-maladie, voici arrivé le tour de la destruction du secteur agricole. Remarquez la chose est déjà bien emmanchée avec des suicides et des faillites d’agriculteurs harcelés par un Etat qui poursuit l’agenda d’un « marché » financier et non celui des électeurs, quand bien même ceux-ci financent leur salaire … Les...

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...

Bern, 02.11.2017 – Consumer sentiment in Switzerland remains above average. At -2 points, the overall index is virtually unchanged in October compared to the previous quarter (-3 points). Continued optimism regarding economic development and unemployment are supporting the positive outlook in particular, while expectations regarding the financial situation of households remain below average. This indicates that...