Tag Archives: Switzerland Gross Domestic Product

21.10.2022 – 2020 was marked by the COVID-19 pandemic, which affected the entire regional economic fabric in Switzerland. National growth in gross domestic product (GDP) fell to –2.4% at the previous year’s prices and almost all cantons recorded a decline in activity. Jura was the most affected (–8.5%), followed by Neuchâtel (–6.5%), Glarus (–5.3%) and Ticino (–5.2%). Only the cantons of Zug (1.6%) and Schaffhausen (0.7%) recorded an increase. These figures come from...

Swiss Franc The Euro has risen by 0.15% to 1.0948 EUR/CHF and USD/CHF, June 01(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The US dollar fell against most major currencies following the PBOC’s modest move to reduce the upward pressure on the yuan. Follow-through selling was seen earlier today, and sterling reached a new three-year high. However, the dollar found a bid in the European morning, while the...

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...

Switzerland’s GDP fell by –2.6 % in the 1st quarter of 2020, after rising by +0.3% in the previous quarter.  Due to the coronavirus pandemic and the measures to contain it, economic activity in March was severely restricted. The international economic slump also slowed down exports. Switzerland Gross Domestic Product (GDP) QoQ, Q1 2020(see more posts on Switzerland Gross Domestic Product, ) Source: investing.com - Click to enlarge Switzerland Gross Domestic...

Switzerland’s GDP rose by 0.4% in the 3rd quarter of 2019, after increasing by 0.3% in the previous quarter. Exports of chemical and pharmaceutical products and energy were key contributing factors. In other areas, the impact of the subdued international environment was felt more strongly. The economic slowdown is being borne out on the whole. Switzerland Gross Domestic Product (GDP) QoQ, Q3 2019(see more posts on Switzerland Gross Domestic Product, ) Source:...

Switzerland’s GDP rose by 0.3% in the 2nd quarter of 2019, after increasing by 0.4% (revised) in the previous quarter.1 The development of domestic and foreign demand was weak, as in other European countries, which had a particularly negative impact on the service sectors. Switzerland Gross Domestic Product (GDP) QoQ, Q2 2019(see more posts on Switzerland Gross Domestic Product, ) Source: Investing.com - Click to enlarge Switzerland’s GDP rose by 0.3% in the...

Switzerland’s GDP rose by 0.6% in the 1st quarter of 2019. Growth was driven primarily by increasing domestic demand. Foreign trade also provided positive impetus. Value added grew in most sectors. Switzerland Gross Domestic Product (GDP) QoQ, Q1 2019(see more posts on Switzerland Gross Domestic Product, ) Source: investing.com - Click to enlarge Switzerland’s GDP rose by 0.6% in the 1st quarter of 2019, after...

Growth and price rises should moderate in 2019. The Swiss economy posted impressive GDP growth in 2018, although there was significant divergence between strong growth in the first half and stagnation in the second. Overall, we expect Swiss GDP to expand by 1.3% in 2019, down substantially from 2.5% in 2018. Risks to our growth outlook for Switzerland are tilted to the downside. Looking ahead, we expect the Swiss...

Switzerland’s GDP rose by 0.2% in the 4th quarter of 2018. Manufacturing saw dynamic growth. Concurrently, exports of goods increased significantly. In contrast, domestic demand stagnated. GDP growth was 2.5% for 2018 as a whole. Switzerland’s GDP rose by 0.2% in the 4th quarter of 2018.1 As in other European countries, this confirms a slowdown of the economy compared to the first half of the year. Switzerland Gross...

Risks from the international arena, such as the potential impact of a no-deal Brexit on world trade, threaten to upset exporters’ recovery from the 2015 strong franc shock. (Keystone) Switzerland’s GDP is on track this year to increase by 2.9%, according to a forecast by Zurich’s KOF Swiss Economic Instituteexternal link published Wednesday. This positive outlook is tempered by concerns over the potentially negative...