Weekly SNB Sight Deposits and Speculative Positions: SNB selling euros and dollars
2021-04-12
Update April 12 2021: SNB selling euros and dollars. Sight Deposits have fallen: The change is -0.5 bn. compared to last week, this means the SNB is selling euros and dollars.
Swiss Retail Sales, January 2021: -0.9 percent Nominal and -0.5 percent Real
2021-03-01
Turnover adjusted for sales days and holidays fell in the retail sector by 0.9% in nominal terms in January 2021 compared with the previous year. Seasonally adjusted, nominal turnover fell by 4.9% compared with the previous month. The economic sectors were affected to varying degrees.
Switzerland GDP Q4 2020: +0.3 percent QoQ, -1.6 percent YoY
2021-02-26
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.
Average annual inflation rate for residential property in 2020 was 2.5 percent
2021-02-16
16.02.2021 – The Swiss residential property price index (IMPI) increased in the 4th quarter 2020 compared with the previous quarter by 2.3% and reached 103.1 points (4th quarter 2019 = 100). Compared with the same quarter of the previous year, inflation was 3.1%. The average annual inflation rate for residential property in 2020 was 2.5%.
Swiss Retail Sales, December 2020: 3.5 percent Nominal and 4.7 percent Real
2021-02-01
Retail trade turnover adjusted for sales days and holidays showed nominal growth of 3.5% in December 2020 compared with the same month of the previous year. Seasonally adjusted, nominal turnover grew by 2.2% compared with the previous month. Despite the impact of the Covid-19 pandemic on the whole of 2020, provisional results show nominal growth of 0.1%.
Switzerland Construction prices fell by 0.2 percent in October 2020
2020-12-18
The construction price index recorded a decline of 0.2% between April and October 2020, reaching 99.7 points (October 2015 = 100). This result reflects a decline in building prices and a slight growth in civil engineering prices. Year on year, construction prices remained stable.
Swiss Producer and Import Price Index in November 2020: -2.7 percent YoY, -0.1 percent MoM
2020-12-15
The Producer and Import Price Index fell by 0.1% in November 2020 compared with the previous month. The index stood at 97.9 points (December 2015 = 100). This decline was due in particular to lower prices for petroleum products and pharmaceutical preparations.
Swiss Consumer sentiment: No further recovery of consumer sentiment
2020-11-05
Consumer sentiment in Switzerland has largely been stagnating since the summer. All sub-indices used for the calculation are still below their long-term average and none have improved significantly compared to this summer’s survey. Economic development and the situation on the labour market are seen as unfavourable.