Archive

December 07, 2023
CH.png

Switzerland Unemployment Rate 2.1% (consensus 2.2%) in Nov-23

- Switzerland's unemployment rate in November 2023 decreased to 2.1%, which is slightly less than the consensus forecast of 2.2%.
- The current unemployment rate is 0.09 percentage points above the one-year average but remains 0.30 percentage points below the long-run average, highlighting a relatively stable yet tight labour market in Switzerland.

December 04, 2023
CH.png

Switzerland CPI Inflation 1.4% y-o-y (consensus 1.7%) in Nov-23

- Switzerland's CPI inflation in November 2023 grew by 1.4% year-on-year, falling short of expectations and representing the lowest growth rate since October 2021.
- However, on a monthly basis, CPI inflation declined by 0.2% in November 2023, which was only 0.1pp less than the consensus forecast.

December 01, 2023
CH.png

Switzerland GDP 0.3% q-o-q (consensus 0.1%) in Q3-23

- Switzerland's GDP grew surprisingly rapidly at 0.3% in Q3-23, indicating a full recovery from the previous quarter's slight contraction.
- Despite the positive growth, the GDP growth rate of 0.3% falls below the long-term average, reflecting room for improvement in the Swiss economy.

November 02, 2023
CH.png

Switzerland CPI Inflation 1.7% y-o-y (consensus 1.7%) in Oct-23

- Switzerland's year-on-year CPI inflation rate in October 2023 remained stable at 1.7%, as expected.
- The October 2023 inflation rate in Switzerland was 0.68 percentage points lower than the one-year average and 0.17 percentage points below the long-run average, reflecting a lower rate of price increase in this period.

By country