Archive

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.

October 06, 2023
CH.png

Switzerland Unemployment Rate 2.1% in Sep-23

- Switzerland's unemployment rate rose to 2.1% in September 2023, slightly surpassing the previous month's rate of 2.05%.
- This increase of 0.10 percentage points above the one-year average suggests potential economic challenges affecting the labor market, such as a contraction in manufacturing and weaker consumer demand.

October 03, 2023
CH.png

Switzerland CPI Inflation 1.7% y-o-y (consensus 1.8%) in Sep-23

- Switzerland's CPI inflation rate increased to 1.7% year-on-year in September 2023, the highest growth since May 2023, but less than the 1.8% consensus expectation.
- This inflation rate is 0.78 percentage points below the one-year average, indicating relatively subdued inflationary pressure in Switzerland.

By country