Category Archive: 2.) Swiss Statistics – Press Releases

Swiss Producer and Import Price Index in November 2020: -2.3 percent YoY, -0.5 percent MoM

The Producer and Import Price Index rose in December 2020 by 0.5% compared with the previous month, reaching 98.4 points (December 2015 = 100). Compared with December 2019, the price level of the whole range of domestic and imported products fell by 2.3%.

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Swiss Retail Sales, November 2020: 1.0 percent Nominal and 1.7 percent Real

Turnover adjusted for sales days and holidays rose in the retail sector by 1.0% in nominal terms in November 2020 compared with the previous year. Seasonally adjusted, nominal turnover fell by 2.4% compared with the previous month.

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Switzerland Construction prices fell by 0.2 percent in October 2020

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.

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Swiss Producer and Import Price Index in November 2020: -2.7 percent YoY, -0.1 percent MoM

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.

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Swiss Consumer Price Index in November 2020: -0.7 percent YoY, -0.2 percent MoM

02.12.2020 - The consumer price index (CPI) fell by 0.2% in November 2020 compared with the previous month, reaching 101.0 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).

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Switzerland GDP Q3 2020: 7.2 percent QoQ, -1.6 percent YoY

Switzerland’s GDP grew by 7.2 % in the 3rd quarter of 2020,  after decreasing by a total of 8.6 % in the first half of the year. Domestic demand and parts of the service sector recovered significantly, while international developments had an adverse impact on exports. Download press release Gross domestic product in the 3rd quarter of 2012 - Still 2 % below pre-crisis level(PDF, 4 pages, 319 kB)...

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Swiss Retail Sales, October 2020: 2.6 percent Nominal and 3.1 percent Real

30.11.2020 - Turnover adjusted for sales days and holidays rose in the retail sector by 2.6% in nominal terms in October 2020 compared with the previous year. Seasonally adjusted, nominal turnover rose by 3.3% compared with the previous month.

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Price indices’ upgrade includes addition of an official residential property price index

From 2021, the price indices published by the Federal Statistical Office (FSO) will be armed with an updated methodology that reflects market changes as closely as possible. Furthermore, a new price index will be added to the existing set, measuring residential property price change, which will be published on a quarterly basis.

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Employment in Switzerland continued to fall in 3rd quarter

26.11.2020 - In the 3rd quarter 2020, total employment (number of jobs) fell by 0.4% in comparison with the same quarter a year earlier (+0.5% with previous quarter). In full-time equivalents, employment in the same period declined by 0.1%. The Swiss economy counted 11 900 fewer vacancies than in the corresponding quarter of the previous year (–15.1%) with the employment outlook indicator also indicating a downward trend (-2.3%).

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Swiss Consumer sentiment: No further recovery of consumer sentiment

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.

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Swiss Consumer Price Index in October 2020: -0.6 percent YoY, 0.0 percent MoM

The consumer price index (CPI) remained stable in October 2020 compared with the previous month, remaining at 101.2 points (December 2015 = 100). Inflation was –0.6% compared with the same month of the previous year.

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Swiss Retail Sales, September 2020: 0.3 percent Nominal and 0.3 percent Real

30.10.2020 - Turnover adjusted for sales days and holidays rose in the retail sector by 0.3% in nominal terms in September 2020 compared with the previous year. Seasonally adjusted, nominal turnover fell by 3.6% compared with the previous month.

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World Data Forum: strong international cooperation for quality data

22.10.2020 - The United Nations World Data Forum took place from 19 to 21 October 2020 in digital format due to COVID-19. The event brought together several thousand experts to find innovative solutions in order to meet the need for better quality data to implement the 2030 Agenda and to control the pandemic.

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Occupational mobility: nearly 20 percent of employed persons left their job between 2018 and 2019

22.10.2020 - In Switzerland, 19.2% of people who pursued a professional activity left their job between 2018 and 2019. Mobility is particularly strong among young people, people with a fixed-term contract or working in the hotel and restaurant sector.

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Swiss Producer and Import Price Index in September 2020: -3.1 percent YoY, +0.1 percent MoM

The Producer and Import Price Index rose in September 2020 by 0.1% compared with the previous month, reaching 98.0 points (December 2015 = 100). The rise is due in particular to higher prices for scrap as well as for basic metals and semi-finished metal products.

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Forecast: 2020 economic slump less serious than feared

The Expert Group is expecting GDP adjusted for sporting events to fall by 3.8 % in 2020 and unemployment to average 3.2 % over the year as a whole. Prospects for 2020 are therefore less negative than feared in the middle of the year. The momentum is likely to weaken as time goes on.

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Swiss Retail Sales, August 2020: 1.6 percent Nominal and 2.5 percent Real

Turnover adjusted for sales days and holidays rose in the retail sector by 1.6% in nominal terms in August 2020 compared with the previous year. Seasonally adjusted, nominal turnover fell by 2.1% compared with the previous month.

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Swiss Consumer Price Index in September 2020: -0.8 percent YoY, 0.0 percent MoM

The consumer price index (CPI) remained stable in September 2020 compared with the previous month, reaching 101.2 points (December 2015 = 100). Inflation was –0.8% compared with the same month of the previous year.

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GDP level corrected from 2.8 percent to 3.6 percent between 1995 and 2017 following revision of the national accounts

The results of the national accounts published by the Federal Statistical Office (FSO) have been revised upwards. New data series are available for the period 1995 to 2019. This revision was carried out in collaboration with the sector responsible for quarterly estimates at SECO, provides methodological improvements and takes into consideration new data.

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Swiss Producer and Import Price Index in August 2020: -3.5 percent YoY, -0.4 percent MoM

The Producer and Import Price Index fell in August 2020 by 0.4% compared with the previous month, reaching 97.9 points (December 2015 = 100). This decline was due in particular to lower prices for chemical and pharmaceutical products. Compared with August 2019, the price level of the whole range of domestic and imported products fell by 3.5%.

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