Tag Archives: Swiss Macro

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...

  The consumer price index (CPI) increased by 0.2% in May 2017 compared with the previous month, reaching 101.0 points (December 2015=100). Inflation was 0.5% compared with the same month in the previous year. These are the results of the Federal Statistical Office (FSO). Switzerland Consumer Price Index (CPI) YoY, May 2017 (see more posts on Switzerland Consumer Price Index, ) Source: Investing.com - Click to enlarge Download press release: Swiss Consumer...

Unemployment Rate (not seasonally adjusted) Registered unemployment in May 2017 – According to the SECO surveys, 139,778 unemployed were registered at the Regional Employment Services Centers (RAV) at the end of May 2017, 6,549 less than in the previous month. The unemployment rate thus fell from 3.3% in April 2017 to 3.1% in the reporting month. Compared to the previous month, unemployment fell by 5,000 persons...

Neuchâtel, 06.06.2017 (FSO) – The hotel sector registered 15.7 million overnight stays in Switzerland during the winter tourist season (from November 2016 to April 2017). This represents an increase of 2.0% (+314,000 overnight stays) compared with the same period a year earlier. With a total of 8.2 million overnight stays, foreign demand rose by 2.1% (+171,000). Domestic visitors registered a 1.9% increase (+143,000)...

In May 2017, the KOF Economic Barometer fell by 4.7 points (from revised 106.3 in April) to a new standing of 101.6. After a slight downward correction in the last month, the indicator’s value decreased substantially this month. However, with a standing slightly above its long-term average, the Barometer is signalling solid growth rates for the Swiss economy around its long-term average. In May 2017, the KOF...

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 0.3 % in the first quarter of 2017*. Private consumption growth expanded only slightly, while government consumption rose moderately. Following the previous quarter’s fall, investment in construction and equipment increased. The trade balance contributed notably to overall GDP growth. On the production side, growth was largely driven by manufacturing, while service...

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 stood at 1.48 points in April, indicating average private consumption growth. The improved mood in the retail sector supported the indicator, while a decline in new car...

Neuchâtel, 29.05.2017 (FSO) – In the 1st quarter 2017, total employment (number of jobs) rose by 0.4% in comparison with the same quarter a year earlier (-0.1% with previous quarter). In full-time equivalents, employment in the same period rose by 0.2%. The Swiss economy counted 7,200 more vacancies than in the corresponding quarter of the previous year (+13.7%). These are some of the findings from the Federal...

Swiss Labour Force Survey 1th quarter 2017: labour supply First quarter 2017: Employment rate increases by 0.6 percent. Unemployment rate according to ILO is 5.3 percent Neuchâtel, 19.05.2017 (FSO) – The number of employed persons in Switzerland rose by 0.6% between the 1st quarters of 2016 and 2017. During the same period, the unemployment rate as defined by the International Labour Organisation (ILO) remained stable...