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Friday December 02 2016
Switzerland GDP Stalls in Q3  
Switzerland's economy showed no growth on the quarter from July to September, following a 0.6 percent expansion in the previous three months and missing market consensus of a 0.3 percent growth. While domestic demand and investment grew, government expenditure shrank and the net trade balance contributed negatively as imports rose and exports declined.
Tuesday November 22 2016
Switzerland Trade Surplus Narrows to 6-Month Low  
Switzerland trade surplus fell to CHF 2.67 billion in October of 2016 from CHF 4.01 billion a year earlier and missing market expectations of a surplus CHF 3.89 billion. It was the smallest surplus since April, as exports fell while imports rose.
Tuesday November 08 2016
Swiss Jobless Rate Steady for 3rd Month at 3.2%  
Swiss unadjusted unemployment rate stood at 3.2 percent in October of 2016, the same as in the previous two months and in line with market estimates. The number of unemployed was virtually stable while that of jobseekers rose slightly.
Monday November 07 2016
Swiss Consumer Prices Drop for 24th Straight Month  
Swiss consumer prices declined by 0.2 percent in the year to October 2016, the same as in September and worse than market expectations of no change. It was the 24th straight month of deflation, as prices of health and transportation fell further while cost of housing and food rose at a faster pace.
Thursday October 20 2016
Switzerland Trade Surplus Hits Record High in September  
Switzerland trade surplus increased to CHF 4.37 billion in September of 2016 from CHF 3.13 billion a year earlier and beating market expectations of a surplus CHF 3.27 billion. It was the largest surplus on record, as exports rose much more than imports.
Monday October 10 2016
Swiss Jobless Rate Steady at 3.2% in September  
Swiss unadjusted unemployment rate stood at 3.2 percent in September of 2016, unchanged from the previous month and in line with market estimates. The number of unemployed rose slightly while that of jobseekers were down.
Thursday October 06 2016
Swiss Deflation Deepens to 0.2% in September  
Consumer prices in Switzerland went down 0.2 percent year-on-year in September of 2016, following a 0.1 percent drop in the previous month and worse than market expectations of 0.1 percent decline. It is the 25th straight month of deflation. Cost fell more for furnishings, communication and miscellaneous goods and services and rose at a slower pace for food and clothing and footwear. On a monthly basis, prices edged up 0.1 percent.
Tuesday September 20 2016
Switzerland Trade Surplus Widens in August  
Switzerland trade surplus increased to CHF 3.02 billion in August of 2016 from CHF 2.86 billion a year earlier but below market expectations of a surplus CHF 3.27 billion. Exports grew by 12.0 percent to CHF 16.05 billion while imports went up 13.5 percent to CHF 13.03 billion.
Thursday September 15 2016
Switzerland Holds Policy Rate at -0.75%  
The Swiss National Bank held its deposit interest rate at a record low of -0.75 percent on September 15th, as widely expected, saying the franc is still significantly overvalued and the current expansionary monetary policy is aimed at stabilizing price developments and supporting economic activity. Meanwhile, the central bank cut inflation forecasts for 2017 to 0.2 percent from 0.3 percent previously estimated; and for 2018 to 0.6 percent from 0.9 percent.
Friday September 09 2016
Swiss Jobless Rate Edges Up to 3.2% in August  
Swiss unadjusted unemployment rate increased to 3.2 percent in August of 2016 from 3.1 percent in previous two months and slightly above market estimates of 3.1 percent, as the number of unemployed and jobseekers were up.
Tuesday September 06 2016
Switzerland Deflation Slows Further to 0.1% in August  
Consumer prices in Switzerland edged down 0.1 percent year-on-year in August of 2016, following a 0.2 percent drop in the previous month and in line with market expectations. It is the 24th straight month of deflation although prices fell the least since November of 2014. Cost fell less for housing and utilities and grew faster for food and clothing and footwear.
Tuesday September 06 2016
Switzerland GDP Growth Strongest in 1-1/2 Years in Q2  
Switzerland's economy grew by 0.6 percent in the June quarter of 2016, as compared to an upwardly revised 0.3 percent expansion reported in the previous three months and beating market consensus of a 0.4 percent growth. It was the strongest growth since the fourth quarter 2014, mainly driven by government spending and foreign trade.
Tuesday August 23 2016
Switzerland Trade Surplus Smallest in 3 Months  
Switzerland trade surplus stood at CHF 2.93 billion in July of 2016, compared to a CHF 3.49 billion surplus a year earlier and market expectations of a CHF 3.79 billion. It was the smallest trade surplus since April as exports fell while imports rose.
Tuesday August 09 2016
Swiss Jobless Rate Steady at 3.1% in July  
Swiss unadjusted unemployment rate stood at 3.1 percent in July of 2016, the same pace as in June and matching market estimates. The number of unemployed rose slightly while that of jobseekers were down.
Monday August 08 2016
Swiss Deflation Slows to 20-Month Low in July  
Swiss consumer prices declined by 0.2 percent on the year in July 2016, compared to 0.4 percent drop in the previous month and beating market expectations of 0.3 percent fall. It was the lowest drop since November 2014, as cost of food and recreation and culture rose at a faster pace while downward pressure came mostly from housing, transportation, health, furnishings and household equipment. On a monthly basis, consumer prices went down 0.4 percent.
Thursday July 21 2016
Switzerland Trade Surplus Little Changed in June  
Switzerland trade surplus came in at CHF3.55 billion in June of 2016, compared to a CHF3.50 billion a year earlier and market expectations of a CHF3.49 billion, as exports rose at the same pace as imports.
Friday July 08 2016
Swiss Jobless Rate Falls to 11-Month Low  
Swiss unadjusted unemployment rate decreased to 3.1 percent in June 2016 from a downwardly revised 3.2 percent in the previous month, beating market expectations of 3.3 percent. It was the lowest level since July last year, as the number of unemployed fell 4.1 percent.
Thursday July 07 2016
Swiss Consumer Prices Fall for 20th Straight Month  
Swiss consumer prices declined by 0.4 percent on the year in June 2016, unchanged from the May rate but beating market expectations of 0.5 percent fall. It was the 20th straight month of deflation, dragged lower by falls in prices of housing, health and transportation while cost of food and recreation and culture rose at a faster pace.
Tuesday June 21 2016
Switzerland Trade Surplus Widens Slightly in May  
Switzerland trade surplus came in at CHF3.79 billion in May of 2016, up from CHF3.39 billion a year earlier and beating market expectations. It was the largest trade surplus since March, as exports rose slightly more than imports.
Thursday June 16 2016
Switzerland Leaves Rates on Hold  
The Swiss National Bank left its deposit interest rate unchanged at a record low of -0.75 percent on June 16th 2016 as expected, aiming to ease pressure on the franc. Policymakers said global economy continues to recover moderately although significant risks remain, namely the UK referendum on EU membership. The central bank also raised inflation forecasts for 2016 and 2017.
Thursday June 09 2016
Switzerland Jobless Rate at 8-Month Low  
Switzerland unadjusted unemployment rate fell to 3.3 percent in May of 2016 from 3.5 percent in April and below market expectations. It is the lowest jobless rate since October 2015 as the number of unemployed and jobseekers were down.
Wednesday June 08 2016
Swiss Deflation Steady at -0.4% in May  
Consumer prices in Switzerland fell by 0.4 percent year-on-year in May of 2016, the same as in the previous month and in line with market expectations, marking the the 19th straight month of deflation. On a monthly basis, consumer prices edged up 0.1 percent.
Wednesday June 01 2016
Switzerland GDP Growth Slows to 0.1% in Q1  
Switzerland's economy grew by 0.1 percent in the first three months of 2016, as compared to a 0.4 percent expansion reported in the previous quarter and below market consensus of a 0.2 percent growth. While household consumption as well as equipment and construction investment expanded significantly, government expenditure contributed negatively to the GDP growth.
Tuesday May 24 2016
Switzerland Trade Surplus Stable in April  
Switzerland trade surplus came in at CHF2.50 billion in April of 2016, unchanged from the figure a year earlier as exports fell while imports rose.
Tuesday May 10 2016
Switzerland Jobless rate Edges Down to 3.5% in April  
Switzerland unadjusted unemployment rate decreased slightly to 3.5 percent in April of 2016 from 3.6 percent in March and in line with expectations as the number of unemployed and jobseekers were down.
Monday May 09 2016
Swiss Deflation Lowest in 16-Months  
Consumer prices in Switzerland fell 0.4 percent year-on-year in April of 2016, following a 0.9 percent decrease in the previous month and compared to market expectations of a 0.6 percent decline. It is the lowest drop since December of 2014 as cost of food and recreation and culture rebounded, prices of clothing accelerated and energy and transport fell at a slower pace due to higher oil prices.
Thursday April 21 2016
Switzerland Trade Surplus Narrows in March  
Switzerland trade surplus decreased to CHF2.16 billion in March of 2016 from CHF2.36 billion a year earlier as exports fell while imports rose.
Friday April 08 2016
Switzerland Stuck in Deflation  
Consumer prices in Switzerland were down 0.9 percent year-on-year in March of 2016, following a 0.8 percent drop in the previous month and in line with market expectations. It is the 17th straight month of deflation.
Friday April 08 2016
Switzerland Jobless Rate Edges Down to 3.6%  
Switzerland unadjusted unemployment rate decreased slightly to 3.6 percent in March of 2016 from 3.7 percent in the previous month and in line with expectations, as the number of unemployed and jobseekers were down.
Tuesday March 22 2016
Switzerland Trade Surplus Hit Record High in February  
Switzerland trade surplus increased to CHF4.07 billion in February of 2016 from CHF2.29 billion a year earlier and beating market consensus, as exports rose while imports fell. It is the highest surplus on record as exports grew 3.7 percent and imports dropped 2.6 percent.
Thursday March 17 2016
Switzerland Leaves Monetary Policy on Hold  
The Swiss National Bank left its deposit interest rate unchanged at a record low of -0.75 percent on March 17th 2016 as expected, saying the franc remains significantly overvalued. Policymakers also lowered GDP growth and inflation forecasts for this year due to weak global economic outlook.
Tuesday March 08 2016
Swiss Deflation Slows in February  
Swiss consumer prices went down 0.8 percent on the year in February of 2016, easing from 1.3 percent decrease in the previous month while beating market expectations of 1.1 percent fall. It was the smallest drop since February last year, as cost of health, transportation and food declined at a slower pace. On a monthly basis, consumer prices rose 0.2 percent.
Tuesday March 08 2016
Switzerland Jobless Rate Edges Down in February  
Switzerland unadjusted unemployment rate decreased slightly to 3.7 percent in February of 2016 from 3.8 percent in the previous month and less than market expectations. The number of unemployed was down while that of jobseekers went up.
Wednesday March 02 2016
Switzerland GDP Picks Up in Q4  
Switzerland's economy grew by 0.4 percent in the December quarter of 2015, as compared to a revised 0.1 percent contraction reported in the previous quarter and beating market consensus. It is the strongest expansion since the fourth quarter of 2014, supported by household an public spending.
Thursday February 18 2016
Switzerland Trade Surplus Beats Expectations in January  
Switzerland trade surplus increased to CHF3.51 billion in January of 2016 from CHF3.31 billion a year earlier and above market consensus, as imports fell more than exports.
Thursday February 11 2016
Switzerland Stays in Deflation For 15th Month  
Swiss inflation rate came in at -1.3 percent in January of 2016 for the second consecutive month, in line with market expectations. The inflation rate remained in negative territory for the fifteenth straight month as lower oil prices keep dragging transport and energy cost down.
Tuesday February 09 2016
Swiss Jobless Rate Highest Since March 2010  
Swiss unadjusted unemployment rate increased to 3.8 percent in January of 2016 from 3.7 percent in the previous month and staying above market expectations. It was the highest level since March of 2010, as a strong Swiss franc continued to pressure the country's job market leading to a rise in the number of unemployed.
Tuesday January 26 2016
Switzerland Trade Surplus Widens in December  
Switzerland trade surplus increased to CHF2.54 billion in December of 2015 from CHF1.45 billion a year earlier but below market consensus, as exports rose 1.9 percent while imports fell by 5.6 percent. For full year of 2015, trade surplus stood at CHF36.61 billion, the largest on record.
Friday January 08 2016
Switzerland Inflation Rate at -1.3%  
Consumer prices in Switzerland fell 1.3 percent year-on-year in December of 2015, after declining 1.4 percent in the previous four months and missing market expectations of a 1.2 percent drop, marking the fourteenth straight month the inflation is in negative territory.
Friday January 08 2016
Swiss Jobless Rate at Nearly 5-1/2-Year High  
Swiss unadjusted unemployment rate increased 3.7 percent in December of 2015 from 3.4 percent in the previous month and in line with market expectations. It is the highest level since September 2010, as the number of jobseekers and unemployed went up. Youth unemployment also rose 2.8 percent from a month earlier.
Tuesday December 22 2015
Switzerland Trade Surplus Narrows in November  
Switzerland trade surplus decreased to CHF 3.14 billion in November of 2015 from CHF 3.75 billion a year earlier and missing market consensus, as imports rose more than exports. 
Thursday December 10 2015
Switzerland Leaves Deposit Rate at -0.75%  
The Swiss National Bank left its deposit interest rate on hold at record low of -0.75 percent on December 10th saying that the current monetary policy helps to stabilize price developments and support economic activity. The bank also said it would remain active if necessary in the currency market to weaken the "significantly overvalued" Swiss franc.
Wednesday December 09 2015
Swiss Jobless Rate Highest in 8 Months  
Swiss unadjusted unemployment rate slightly increased to 3.4 percent in November of 2015 from 3.3 percent in the previous month and above market expectations. It is the highest rate since March, as the number of jobseekers and unemployed went up. Youth unemployment also rose 1.2 percent from a month earlier. 
Friday December 04 2015
Swiss Inflation Rate Remains at Lowest Since 1959  
Consumer prices in Switzerland decreased by 1.4 percent year-on-year in November of 2015, the same pace as in the previous three months while staying above market expectations of 1.3 percent fall. Higher declines in prices of health, accommodation and miscellaneous goods and services were enough to offset lower drops in cost of transportation, leisure activities and furnishings.
Tuesday December 01 2015
Swiss GDP Unexpectedly Stagnates in Q3  
Switzerland's economy unexpectedly showed no growth in the September quarter of 2015, as compared to a 0.2 percent expansion reported in the previous quarter. The results missed market expectations as stronger consumption growth was not enough to offset lower investment and weak exports.
Thursday November 19 2015
Switzerland Trade Surplus Hits Record High  
Switzerland trade surplus widened to SF4.16 billion in October of 2015 from SF3.16 billion a year earlier and beating market consensus. It is the largest trade surplus on record, as imports fell more than exports.
Tuesday November 10 2015
Swiss Jobless Rate Edges Up to 3.3% in October  
Swiss unadjusted unemployment rate slightly increased to 3.3 percent in October of 2015 from 3.2 percent in the previous month and matching market expectations, as the number of jobseekers and unemployed went up. Yet, youth unemployment declined by 3.9 percent from a month earlier.
Thursday November 05 2015
Swiss Inflation Rate Steady at -1.4% For The Third Month  
Consumer prices in Switzerland decreased by 1.4 percent year-on-year in October of 2015, the same pace as in the previous month and matching market expectations. A higher decline in housing and utilities, was enough to offset a lower drop in food and transport costs.
Tuesday October 20 2015
Switzerland Trade Surplus Rises in September  
Switzerland trade surplus widened to SF3.05 billion in September of 2015 from SF2.42 billion a year earlier, as imports fell more than exports.
Thursday October 08 2015
Swiss Jobless Rate Steady in September  
Swiss unadjusted unemployment rate remained unchanged at 3.2 percent in September of 2015 from the previous month and below market expectations though the number of jobseekers and unemployed were up.
Tuesday October 06 2015
Swiss Inflation Rate Steady at -1.4% in September  
Consumer prices in Switzerland decreased by 1.4 percent year-on-year in September of 2015, the same pace as in the previous month and matching market expectations. A higher decline in prices of food, leisure activities and transportation was enough to offset a lower drop in cost of housing, accommodation and clothing.
Tuesday September 22 2015
Switzerland Trade Surplus Widens in August  
Switzerland trade surplus increased to SF2.87 billion in August of 2015 from SF1.33 billion a year earlier, as imports fell more than exports.
Thursday September 17 2015
Switzerland Leaves Rates on Hold  
The Swiss National Bank kept its deposit interest rate unchanged at record low of -0.75 percent on September 17th, saying the negative interest rates and the SNB’s willingness to intervene as required in the foreign exchange market serve to ease the pressure on the franc.
Tuesday September 08 2015
Swiss Jobless Rate Edges Up to 3.2% in August  
Swiss unadjusted jobless rate slightly increased to 3.2 percent in August of 2015 from 3.1 percent in the previous month and missing market forecasts, as the number of jobseekers and unemployed went up. Youth unemployment also rose 6.4 percent from a month earlier.
Friday September 04 2015
Switzerland Inflation Rate Lowest Since 1959  
Consumer prices in Switzerland decreased 1.4 percent year-on-year in August 2015, following a 1.3 percent drop in the previous month, mainly due to lower cost of food, housing, health, transport. It is the lowest inflation rate in 56 years.
Friday August 28 2015
Swiss Economy Avoids Recession in Q2  
Switzerland's economy grew 0.2 percent in the second quarter of 2015, compared to a 0.2 percent contraction reported in January to March period and beating market consensus. The expansion was mainly driven by a rebound in exports and an increase in public consumption and investment.
Thursday August 20 2015
Switzerland Trade Surplus Narrows in July  
Switzerland trade surplus decreased to SF3.74 billion in July of 2015 from SF3.89 billion a year earlier, as imports fell more than exports.
Friday August 07 2015
Swiss Jobless Rate steady in July  
Swiss unadjusted jobless rate remained unchanged at 3.1 percent in July of 2015 from the previous month but above market forecasts, as the number of jobseekers were down while unemployed went up.
Wednesday August 05 2015
Switzerland Inflation Rate at 56-Year Low in July  
Consumer prices in Switzerland decreased 1.3 percent year-on-year in July 2015, following a 1 percent drop in the previous month, mainly due to lower cost of housing, health, transport and food. It was the lowest value since July of 1959.
Tuesday July 21 2015
Switzerland Trade Surplus Widens in June  
Switzerland trade surplus increased to CHF 3.58 billion in June of 2015 from CHF 1.39 billion a year earlier, as exports rose 5.9 percent while imports fell 7.7 percent.
Tuesday July 07 2015
Swiss Jobless Rate Edges Down in June  
Swiss unadjusted jobless rate declined to 3.1 percent in June of 2015 from 3.2 percent in the previous month and beating market forecasts, as the number of jobseekers and unemployed went down.
Monday July 06 2015
Switzerland Deflation Eases in June  
Consumer prices in Switzerland decreased 1 percent year-on-year in June 2015, following a 6-year low 1.2 percent drop in the previous month. Cost of both transport and furniture and household services fell at a slower pace.
Thursday June 18 2015
Switzerland Leaves Monetary Policy Unchanged  
The Swiss National Bank left its deposit interest rate on hold at record low of -0.75 percent in June to protect the franc. The decision was widely expected by markets.
Thursday June 18 2015
Switzerland Trade Surplus at 6-Month High  
Switzerland trade surplus increased to CHF3.43 billion in May of 2015 from CHF2.87 billion a year earlier and beating market forecasts. It is the largest surplus since November last year, as imports fell more than exports.
Tuesday June 09 2015
Switzerland Deflation Deepens in May  
Consumer prices in Switzerland dropped 1.2 percent year-on-year in May 2015, following a 1.1 percent fall in the previous month. It was the lowest figure since July 2009 as both transport cost and furnishings and household equipment prices fell.
Tuesday June 09 2015
Swiss Jobless Rate at 7-Month Low  
Swiss unadjusted jobless rate declined to 3.2 percent in May of 2015 from 3.3 percent in the previous month and matching market forecasts. It is the lowest figure since November 2014, as the number of jobseekers and unemployed went down.
Friday May 29 2015
Swiss GDP Contracts in Q1  
Switzerland's economy shrank 0.2 percent in the first quarter of 2015, compared to a 0.5 percent expansion reported in October to December period. It is the first contraction since the second quarter of 2012 as a rise in private consumption and investment was unable to offset a decline in exports caused by a jump in Swiss Franc in January.
Thursday May 28 2015
Switzerland Trade Surplus Widens in April  
Switzerland trade surplus increased to CHF2.86 billion in April of 2015 from CHF2.55 billion a year earlier and beating market forecasts, as imports fell more than exports.
Friday May 08 2015
Switzerland Inflation Rate Falls Further  
Consumer prices in Switzerland dropped 1.1 percent year-on-year in April, following a 0.9 percent fall in the previous month, driven by lower transport and accommodation cost.
Friday May 08 2015
Swiss Jobless Rate Edges Down in April  
Swiss unadjusted jobless rate declined to 3.3 percent in April of 2015 from 3.4 percent in the previous month as the number of jobseekers and unemployed went down.
Thursday April 23 2015
Switzerland Trade Surplus Increases in March  
Switzerland trade surplus widened to CHF 2.52 billion in March of 2015 from CHF 2.07 billion a year earlier as exports grew more than imports.
Friday April 10 2015
Swiss Unemployment Rate Falls in March  
Swiss unadjusted jobless rate declined to 3.4 percent in March of 2015 from 3.5 percent in the previous month as the number of jobseekers and unemployed went down.
Wednesday April 08 2015
Switzerland Inflation Rate Down to -0.9%  
Consumer prices in Switzerland fell 0.9 percent year-on-year in March of 2015, following a 0.8 percent drop in the previous month. It is the lowest rate since mid-2012.
Thursday March 19 2015
SNB Leaves Monetary Policy Unchanged  
The Swiss National Bank left its deposit interest rate on hold at record low of -0.75 percent on March 19th to weaken the franc. The bank also lowered inflation and growth forecasts.
Thursday March 19 2015
Switzerland Trade Surplus Widens in February  
Switzerland trade surplus increased slightly to CHF 2.47 billion in February of 2015 from CHF 2.36 billion a year earlier as imports declined more than exports.
Tuesday March 10 2015
Swiss Jobless Rate Unchanged in February  
Swiss unadjusted unemployment rate remained unchanged at 3.5 percent in February of 2015 from the previous month as the number of unemployed was down while jobseekers were slightly up.
Friday March 06 2015
Switzerland Falls Deeper Into Deflation  
Swiss consumer prices declined by 0.8 percent in February of 2015 compared with the same month of the previous year. It is the fourth consecutive drop as transport prices continue its downward trend.
Tuesday March 03 2015
Swiss GDP Growth Better Than Expected in Q4  
Switzerland's economy advanced 0.6 percent in the fourth quarter of 2014, slowing from upwardly revised 0.7 percent expansion in July to September period. The growth was mainly driven by private and government consumption while exports and imports declined.
Thursday February 19 2015
Switzerland Trade Surplus Increases in January  
Switzerland trade surplus widened to CHF 3.43 billion in January of 2015 from CHF 2.52 billion a year earlier as imports declined faster than exports.
Tuesday February 10 2015
Swiss Inflation Lowest Since October 2013  
Swiss consumer prices dropped 0.5 percent year-on-year in January of 2014, following a 0.3 percent fall in December, mainly due to lower cost of transport and housing and energy.
Tuesday February 10 2015
Swiss Unemployment Rate Highest in 11-Months  
Swiss unadjusted jobless rate increased to 3.5 percent in January of 2015 from 3.4 percent in the previous month as the number of jobseekers and unemployed went up. It is the highest level since February 2014.
Tuesday February 03 2015
Switzerland Trade Surplus Widens in December  
Switzerland trade surplus increased to CHF 1.51 billion in December of 2014 from CHF 0.43 billion a year earlier as exports surged 7.2 percent.
Thursday January 15 2015
Switzerland Discontinues Currency Ceiling; Cuts Rates  
The Swiss National Bank decided on January 15th to abandon the minimum exchange rate of CHF 1.20 per euro, as recent euro fall has caused the Swiss franc to weaken against the USD. Policymakers also decided to lower the deposit rate by 50 bps to -0.75 percent.
Friday January 09 2015
Consumer Prices in Switzerland Fall by 0.3% in December  
Swiss consumer prices dropped 0.3 percent year-on-year in December of 2014 following a 0.1 percent fall in November, due to lower energy cost.
Friday January 09 2015
Swiss Unemployment Rate Highest Since March  
Swiss unadjusted jobless rate increased to 3.4 percent in December of 2014 from 3.2 percent in the previous month as the number of jobseekers and unemployed went up.
Thursday December 18 2014
Switzerland Introduces Negative Interest Rate  
The Swiss National Bank decided to move to a deposit rate of -0.25 percent effective January 22nd, aiming to cool franc appreciation. The target range for three-month Libor was expanded to a 100 bps band of -0.75 percent to 0.25 percent.
Thursday December 18 2014
Switzerland Trade Surplus Increases in November  
Switzerland trade surplus widened to CHF 3.87 billion in November of 2014 from CHF 2.08 billion a year earlier, as imports declined at a faster pace than exports.
Thursday December 11 2014
Switzerland Leaves Monetary Policy Unchanged  
The Swiss National Bank maintained its minimum exchange rate of CHF 1.20 per euro and left the target range for the three-month Libor unchanged at 0.0–0.25 percent, saying deflation risks have increased and the Swiss franc is still high. The central bank warned it is prepared to buy foreign currency in unlimited quantities to enforce the minimum exchange rate.
Tuesday December 09 2014
Swiss Jobless Rate Edges Up in November  
Swiss unadjusted jobless rate slightly increased to 3.2 percent in November of 2014 from 3.1 percent in the previous month. It is the highest figure since April.
Monday December 08 2014
Prices in Switzerland Drop 0.1% in November  
Switzerland’s consumer prices fell 0.1 percent in November of 2014 after being unchanged in October of 2014.
Wednesday December 03 2014
Swiss Economy Expands 0.6% QoQ in Q3  
Switzerland's GDP grew by 0.6 percent in the third quarter of 2014, up from a revised 0.3 percent expansion in April to June period, boosted by private and public consumption and exports.
Thursday November 20 2014
Switzerland Trade Surplus Increases in October  
Switzerland trade surplus widened to CHF 3.25 billion in October of 2014 from CHF 2.27 billion a year earlier, as exports reached a new monthly high and imports grew at a slower pace.
Friday November 07 2014
Swiss Unemployment Rate Up to 3.1% in October  
Swiss unadjusted jobless rate slightly increased to 3.1 percent in October of 2014 from 3.0 percent in the previous month. It is the highest figure since April.
Wednesday November 05 2014
Swiss Inflation Rate Flat in October  
Swiss consumer prices were unchanged year-on-year in October, following a 0.1 percent fall in September. On a monthly basis, consumer prices were also flat.
Tuesday October 21 2014
Switzerland Trade Surplus Widens in September  
Switzerland trade surplus widened to CHF 2.45 billion in September of 2014 from CHF 2.25 billion a year earlier, above market expectations, as exports expanded at a faster pace than imports.
Wednesday October 08 2014
Swiss Unemployment Rate Unchanged in September  
Swiss unadjusted jobless rate remained unchanged at 3.0 percent in September of 2014 from the previous month and below market forecasts.
Tuesday October 07 2014
Switzerland Inflation Down to 8-Month Low  
The annual inflation rate in Switzerland decelerated 0.1 percent in September of 2014 from 0.1 percent increase in the previous month. The rate was the lowest since February this year and below market forecasts.
Thursday September 18 2014
Swiss National Bank Reaffirms Minimum Exchange Rate  
At its September 2014 meeting, the Swiss National Bank maintained its minimum exchange rate of CHF 1.20 per euro and left the target range for the three-month Libor unchanged at 0.0–0.25 percent. Policymakers revised downwards its growth and inflation projections.
Thursday September 18 2014
Switzerland Trade Surplus Falls from Record High  
Switzerland trade surplus narrowed to CHF 1.39 billion in August of 2014 from CHF 1.91 billion in the same month a year earlier, as imports expanded at a faster pace than exports and below market expectations.
Monday September 08 2014
Swiss Inflation Rate Accelerates in August  
The annual inflation rate in Switzerland accelerated to 0.1 percent in August of 2014 from 0.0 percent in the previous month. Consumer prices were flat on a monthly basis, as cost of most goods and services were up except for alcoholic beverages and tobacco, communication, health and clothing and footwear.
Tuesday September 02 2014
Switzerland Economy Stagnates in Q2  
The Swiss economy posted zero growth in the second quarter of 2014, after reporting 0.5 percent expansion in the previous period. The trade balance made a small negative contribution to growth while investment remained unchanged.
Thursday August 21 2014
Switzerland Trade Surplus Jumps to Record High  
Switzerland trade surplus widened to CHF 3.98 billion in July of 2014 from a revised 1.41 billion in a month earlier and from CHF 2.52 billion in the previous year, touching a record high. Exports rose faster than imports driven by a surge in shipments of jewelry and chemical and pharmaceuticals products.
Friday August 08 2014
Switzerland Unemployment Rate Unchanged in July  
Swiss unadjusted jobless rate remained steady at 2.9 percent in July of 2014 from the previous month, decreasing slightly from 3.0 percent registered a year ago. The number of unemployed enrolled at the regional employment centers increased slightly from the previous month.
Wednesday August 06 2014
Switzerland Consumer Prices Flat in July  
The annual inflation rate in Switzerland remained unchanged at 0.0 percent in July of 2014, the same rate as the previous month. A drop in clothing and house equipment cost was enough to offset higher prices of alcoholic beverages, tobacco and energy.
Tuesday July 22 2014
Switzerland Trade Surplus Narrows in June  
Swiss trade surplus shrank to CHF 1.38 billion in June of 2014, from a revised CHF 2.85 billion in the previous month and CHF 2.64 billion a year earlier. Imports rose faster than exports driven by a surge in purchases of medical products and chemicals.
Tuesday July 08 2014
Switzerland Inflation Rate Flat in June  
Swiss inflation rate slowed to 0.0 percent in June from 0.2 percent in May, as first sales that took place in the outfit sector led to a fall in prices of clothing and footwear.
Monday July 07 2014
Switzerland Unemployment Rate Falls Further in June  
Swiss unadjusted jobless rate declined for the fourth straight month to 2.9 percent in June of 2014 from 3.0 percent in the previous month, reaching the lowest rate in a year.
Tuesday June 24 2014
Swiss Trade Surplus Widens to 2-1/2 Year High  
Switzerland’s trade surplus increased for the second straight month to CHF 2.8 billion in May of 2014 from CHF 2.2 billion a year earlier. It is the highest trade surplus since November of 2011, as imports fell at a faster pace than exports.
Thursday June 19 2014
Switzerland Leaves Monetary Policy Unchanged  
At its June 19th, 2014 meeting, the Swiss National Bank left the target range for the three-month Libor on hold at 0.0–0.25 percent and maintained its minimum exchange rate unchanged at CHF 1.20 per euro. While citing concerns about volatility on the financial and foreign exchange markets, the central bank increased its inflation forecast for 2014.
Tuesday June 10 2014
Swiss Unemployment Rate Down to 3%  
Switzerland’s unadjusted jobless rate fell for the third month in a row to 3 percent in May of 2014 from 3.2 percent in the previous period, but the number of job vacancies also decreased.
Friday June 06 2014
Swiss Inflation Rate Accelerates in May  
Swiss annual consumer inflation increased to 0.20 percent in May of 2014, compared with 0.0 percent in the previous month. It is the highest rate since October of 2011, driven by higher cost of food, housing, energy and fuel.
Wednesday May 28 2014
Swiss GDP Growth Accelerates Slightly in Q1  
The Swiss economy advanced 0.5 percent quarter-on-quarter in the first three months of 2014, up from a 0.2 percent expansion in the previous period and boosted by exports and construction investment.
Tuesday May 27 2014
Switzerland Trade Surplus Widens in April  
Swiss trade surplus increased to CHF 2.43 billion in April of 2014 from CHF 1.55 billion a year earlier, as imports fell and exports rose slightly.
Thursday May 08 2014
Swiss Inflation Rate at 0% in April  
Switzerland’s annual consumer prices were unchanged in April for the second straight month, after falling by 0.1 percent in February.
Wednesday May 07 2014
Swiss Unemployment Rate Falls in April  
Switzerland’s jobless rate fell for the second consecutive month to 3.2 percent in April of 2014 from 3.3 percent in the previous month. When adjusted for seasonal factors, the unemployment rate stood at 3.2 percent, unchanged from the previous month.
Thursday April 24 2014
Swiss Trade Surplus Narrows Further in March  
The trade surplus decreased 10.6 percent in March of 2014 from the previous month to CHF 2.1 billion as imports rose at a higher pace than exports. Compared with a year earlier, the trade balance increased by 17.2 percent, driven by stronger sales of pharmaceuticals and chemicals products, and machinery to Europe and China.
Tuesday April 08 2014
Swiss Unemployment Rate Falls in March  
Swiss unadjusted jobless rate decreased to 3.3 percent in March of 2014 from 3.5 percent in the previous month.
Monday April 07 2014
Swiss Inflation Rate Unchanged in March  
Switzerland’s annual inflation rate was recorded at 0.0 percent in March of 2014, after falling 0.1 percent in the previous month. On a monthly basis, prices recorded the highest increase in twelve months.
Thursday March 20 2014
Swiss Trade Surplus Widens for the Second Straight Month  
Switzerland’s trade surplus increased to CHF 2.6 billion, up from CHF 2.5 billion in the previous month and CHF 1.95 billion a year earlier, boosted by higher exports of chemicals and pharmaceuticals and the strongest growth in sales to China in three years.
Thursday March 20 2014
Swiss National Bank Keeps Minimum Exchange Rate  
In its March 20th, 2014 meeting, the Swiss Bank left the target range for the Swiss Franc Libor unchanged at 0.0–0.25 percent, maintaining its minimum exchange rate of CHF 1.20 per euro, as no upside risks to the consumer prices are expected in the near future. The Bank also cut its forecast for inflation this year and 2015.
Friday March 07 2014
Swiss Inflation Rate Down to 4-Month Low  
In February of 2014, Swiss annual inflation rate fell 0.1 percent after growing 0.1 percent in each of previous three months. A year earlier, prices dropped 0.3 percent. Compared with the previous month, inflation rose to 0.1 percent.
Friday March 07 2014
Swiss Unemployment Rate Flat at 3.5%  
Switzerland’s unadjusted jobless rate remained steady at 3.5 percent in February for the second straight month. A year earlier, the unemployment rate was recorded at 3.4 percent.
Thursday February 27 2014
Swiss GDP Growth Slows in Q4  
In the fourth quarter of 2013, Switzerland’s economic growth slowed to 0.2 percent over the previous three-month period, the lowest rate in six quarters, hurt by a fall in exports due to weak global demand for chemical and pharmaceutical products.
Thursday February 20 2014
Swiss Trade Surplus Widens in January  
In January of 2014, Switzerland’s trade surplus increased to CHF 2.59 billion, the highest surplus in the last eight months, boosted by higher exports. The chemicals and pharmaceuticals industry generated half of the export growth.
Wednesday February 12 2014
Swiss Inflation Rate Stable at 0.1% in January  
In January of 2014, Switzerland’s annual inflation rate was recorded at 0.1 percent for the third straight month. On a monthly basis, prices fell for the second month in a row by 0.3 percent, as cost of imported products declined 1.3 percent.
Monday February 10 2014
Swiss Unemployment Rate Stable in January  
Switzerland’s unemployment rate remained unchanged at 3.5 percent in January of 2014. The number of job seekers rose by 2975 to 208777. Compared to the same period last year, the number of unemployed persons rose by 7000.
Thursday February 06 2014
Swiss Trade Surplus Narrows to 4-Year Low in December  
In December, Switzerland's trade surplus narrowed to 0.5 billion Swiss francs, down from 2.1 billion registered in November as imports grew more than exports.
Friday January 10 2014
Swiss Inflation Rate Unchanged at 0.1% in December  
In December, Switzerland's consumer prices rose 0.1 percent, unchanged from the previous month and at its highest since September of 2011. Higher prices for food, education, housing and energy were offset by sharp decreases in clothing and communications.
Friday January 10 2014
Swiss Unemployment Rate Up to 3.5% in December  
In December, Switzerland's jobless rate was registered at 3.5 percent, up from 3.2 percent in the previous month as the number of unemployed increased by 10.4 thousand persons. Youth unemployment increased slightly by 654 persons.
Thursday December 19 2013
Swiss Trade Surplus Narrows in November  
In November, Switzerland's trade surplus narrowed to 2.1 billion Swiss francs, down from 2.3 billion registered in October. On an annual basis, exports fell and imports grew slightly.
Thursday December 12 2013
Switzerland Keeps Monetary Policy Unchanged in December  
In its December 12nd meeting, the Swiss National Bank kept the target range for the Swiss Franc Libor unchanged at 0.0–0.25 percent and the minimum exchange rate at CHF 1.2 per euro stating the currency is still high.
Monday December 09 2013
Swiss Unemployment Edges Up to 3.2% in November  
In November, Switzerland's jobless rate was registered at 3.2 percent, up from 3.1 percent in the previous month, increasing by 7.9 thousand persons on an annual basis. Youth unemployment decreased slightly by 116 persons.
Friday December 06 2013
Swiss Inflation Rises to 2-Year-High in November  
In November, Switzerland's consumer prices rose 0.1 percent, up from a 0.3 percent fall in October. Higher prices for food, education, housing and energy drove inflation to its highest level since September of 2011.
Thursday November 28 2013
Swiss Economy Expands 0.5% QoQ in Q3  
In the third quarter of 2013, Switzerland’s GDP growth was reported at 0.5 percent quarter-on-quarter, the same rate recorded in the previous three-month period. The growth was mainly driven by accelerating exports of goods and government spending.
Thursday November 21 2013
Swiss Trade Surplus Slightly Narrows in October  
In October, Switzerland’s trade surplus amounted to 2.43 billion Swiss francs, down from 2.73 billion Swiss francs a year earlier. Imports slightly increased, while exports reported a 1.6 percent drop
Friday November 08 2013
Swiss Unemployment Rate Up to 3.1% in October  
In October, Switzerland's jobless rate was registered at 3.1 percent, up from 3 percent in the previous month. Compared to the same month last year, unemployment increased to 7.9 thousand persons (+6.3 percent). Youth unemployment decreased by 926 persons.
Tuesday November 05 2013
Switzerland Inflation Rate Down to -0.3% YoY in October  
In October, Swiss annual inflation dropped 0.3 percent, down from a 0.1 percent fall in September, due to a decrease in clothing, healthcare and transportation prices.
Tuesday October 22 2013
Swiss Trade Surplus Widens in September  
In September, Switzerland’s trade surplus widened to 2.49 billion Swiss francs, up from 1.56 billion reported in September of 2012. The improvement is explained by a drop in imports, while exports rose 5.3 percent on an annual base.
Tuesday October 08 2013
Swiss Unemployment Rate Unchanged at 3.0% in September  
In September, Switzerland's unemployment rate remained unchanged at 3.0 percent. Compared to September of 2012, unemployment increased by 10.73 thousand people (+8.9 percent). Youth unemployment increased by 579 persons.
Tuesday October 08 2013
Swiss Consumer Prices Fall 0.1% YoY in September  
In September, Switzerland's annual inflation rate was registered at -0.1 percent, down from a flat rate in August. Higher prices for food and non-alcoholic beverages were offset by declines in clothing and household equipment.
Thursday September 19 2013
Swiss Trade Surplus Up YoY in August  
In August, Switzerland's trade surplus widened to 1.85 billion Swiss francs, up from 1.56 billion registered in August of 2012. This improvement is due to falling imports, which decreased at a faster pace than exports.
Thursday September 19 2013
Swiss Central Bank KeepS Policy Unchanged in September  
In its September 19th meeting, the Swiss National Bank kept the target range for the Swiss Franc Libor unchanged at 0.0–0.25 percent and the minimum exchange rate at CHF 1.2 per euro as currency remains too strong.
Monday September 09 2013
Swiss Unemployment Rate Unchanged at 3.0% in August  
In August, Switzerland's unemployment rate remained unchanged at 3.0 percent. Compared to the same month last year, unemployment increased by 10,133 people (+8.5 percent). Youth unemployment increased by 2,565 persons to 20,197.
Friday September 06 2013
Swiss Inflation Rate Flat in August  
In August, Switzerland's consumer prices were unchanged from a year earlier for the second consecutive month. Higher prices for food were offset by declines in clothing and communications. In August of 2012, consumer prices declined 0.5 percent.
Tuesday September 03 2013
Swiss Economy Expands 0.5% in Q2  
In the second quarter, Switzerland's GDP rose by 0.5 percent, above expectations, adding to signs of recovery as private consumption rebounded and investment on machinery increased for the first time in a year.
Thursday August 22 2013
Swiss Trade Surplus Declines on Rising Imports in July  
In July, Switzerland's trade surplus decreased to 2.38 billion Swiss francs from 2.82 billion in June and 2.77 billion in July of 2012. This fall is driven by rising imports, up at a faster pace than exports, driven by consumption goods purchases.
Thursday August 08 2013
Swiss Unemployment Rate Up to 3.0% in June  
In July, Switzerland's unemployment rate rose 0.1 percentage points to 3.0 percent. Compared to the same month last year, unemployment increased by 12,222 people (+10.5 percent). Youth unemployment increased by 2,065 persons to 17,631.
Wednesday August 07 2013
Swiss Inflation Rate Flat in July  
In July, Swiss consumer prices were unchanged from a year earlier, compared with annual rates of -0.1 percent in June and of -0.7 percent in July of 2012. Higher prices for oil products and food were offset by declines in clothing and communications.
Thursday July 18 2013
Swiss Trade Surplus Widens in June  
In June, Switzerland's trade surplus increased to 2.73 billion Swiss francs from 2.12 billion in May and 2.22 billion in June of 2012. This rise is driven by falling imports which decreased at a faster pace than exports.
Monday July 08 2013
Swiss Unemployment Rate Down to 2.9% in June  
Switzerland's unemployment rate fell to 2.9 percent in June from 3.0 percent in the previous month. In June of 2012, Swiss unemployment rate was 2.7 percent. Youth unemployment decreased to 2.8 percent from 2.9 percent in the previous month but is up 0.2 percentage points from June of 2012.
Friday July 05 2013
Swiss Inflation Rate Rises to -0.1% in June  
In June, Swiss consumer prices decreased 0.1 percent yoy, a slower fall compared with annual rates of -0.5 percent in May and of -1.1 percent in June of 2012. Higher prices for oil products, fruits and vegetables offset the first sales for clothing and shoes.
Thursday June 20 2013
Swiss Trade Surplus Falls on Lower Exports in May  
In May, Switzerland's trade surplus fell 12 percent yoy to 22.24 billion Swiss francs as exports decreased, with a particularly sharp decline in watches, pharmaceuticals and chemicals. Imports remained broadly stable.
Thursday June 20 2013
Switzerland Holds Monetary Policy Unchanged in June  
The Swiss National Bank left the target range for the Swiss Franc Libor unchanged at 0.0–0.25 percent on June 20th. The bank also kept the minimum exchange rate at CHF 1.2 per euro as currency remains too strong and risks are still high for the economy.
Monday June 10 2013
Swiss Unemployment Rate Falls to 3% in May  
The non-seasonally adjusted unemployment rate in Switzerland declined for the third consecutive month in May, dropping to 3 percent from 3.1 percent in April.
Thursday June 06 2013
Swiss Inflation Rate Up to -0.5% in May  
In May, Swiss consumer prices fell 0.5 percent yoy. Prices fell at a slightly slower pace compared with annualised rates of -0.6 percent in April 2013 and of -1.0 percent in May 2012.
Thursday May 30 2013
Swiss Economy Grows More Than Expected in Q1  
Switzerland’s gross domestic product expanded by 0.6 percent in the first quarter of 2013 compared to the previous quarter. Positive contributions to growth came from private consumption, investments in construction and from the trade balance, whilst investments in machinery and equipment decreased.
Friday June 14 2013
Swiss Trade Surplus Widens in April  
Switzerland posted a merchandise trade surplus of 1.7 billion francs in April. Exports rose 6.9 percent yoy in April to 17.0 billion Swiss francs and imports were up 7.1 percent to 15.3 billion Swiss francs, according to the Federal Customs Office.
Wednesday May 08 2013
Switzerland Inflation Rate Unchanged at -0.6% in April  
The Swiss Consumer Price Index calculated by the Federal Statistical Office remained unchanged in April 2013 at 99.1 points. Compared to the same month in the previous year, the inflation rate was -0.6 percent, compared with annualised rates of also -0.6 percent in March 2013 and of -1.0 percent in April 2012.
Tuesday May 07 2013
Switzerland Unemployment Rate Down to 3.1% in April  
In April, the unemployment rate fell for the second month in a row to 3.1 percent, from 3.2 percent recorded in the previous month.
Friday June 28 2013
Switzerland | Economic Overview | 2013 Q1  
Recent data updates are showing that the Swiss economy remains on a moderate upward trend. After slowing in the fourth quarter of 2012, the GDP has rebounded from January to March expanding 0.6 percent from the previous quarter. Also since March, the KOF economic barometer has been slowly recovering and hit the highest level since late-2012, in June. In addition, the loans to the domestic private sector have been growing supported by the policy rates close to zero and almost unlimited central bank liquidity.
Tuesday April 23 2013
Switzerland Trade Surplus Narrows in March  
Swiss exports fell in March, dragged down by some ease of momentum in the watch and machinery sectors. Also, there were two fewer working days in the month. Overall, Switzerland ran a merchandise trade surplus of 1.7 billion Swiss francs in March.
Tuesday April 09 2013
Switzerland Unemployment Rate Down to 3.2% in March  
The unemployment rate fell from 3.4 percent in February 2013 to 3.2 percent in March. At end of March 139 thousand unemployed were enrolled at the regional employment centers, 7 thousand less than in the previous month.
Tuesday April 09 2013
Swiss Inflation Rate Down to -0.6% in March  
The Swiss Consumer Price Index calculated by the Federal Statistical Office registered an annual decrease of 0.6 percent in March 2013. Compared with the previous month, the inflation rate was 0.2 percent. In March of 2012, the inflation rate was -1.0 percent.
Thursday March 21 2013
Switzerland Trade Surplus Narrows in February  
Swiss exports fell in February as pharmaceuticals and machinery industries were hit by weaker global demand and strong Swiss franc. Exports from Switzerland fell by a real 5.3 percent year-on-year in February to 16.145 billion Swiss francs. Adjusted for one working day less than in February last year, exports were down 0.9 percent to 17.2 billion francs.
Thursday March 14 2013
Switzerland Benchmark Interest Rate Unchanged in March  
The Swiss National Bank is leaving the target range for the three-month Libor unchanged at 0.0–0.25 percent. In addition, the SNB is leaving the minimum exchange rate of CHF 1.20 per euro unchanged.
Friday March 08 2013
Switzerland Inflation Rate Unchanged at -0.3 Percent in February  
The Swiss Consumer Price Index calculated by the Federal Statistical Office registered an decrease of 0.3 percent in February 2013 0.3 percent, compared with annualised rates of also -0.3 percent in January 2013 and of -0.9% in February 2012. Compared to the previous month, the inflation rate was +0.3 percent.
Thursday February 28 2013
Switzerland Economy Expands 0.2 Percent in Q4  
Switzerland’s real gross domestic product grew in the 4th quarter 2012 by 0.2 percent compared to the 3rd quarter. Positive contributions to growth came primarily from private and public consumption. Gross fixed investments contributed positively but marginally to GDP growth. However, net exports of goods and services delivered a negative contribution to GDP growth in the 4th quarter.
Thursday February 21 2013
Switzerland Trade Surplus Widens in January  
Exports from Switzerland rose by a real 3.8 percent year-on-year in January to 16.738 billion Swiss francs, the Federal Customs Office said on Thursday. Overall Switzerland ran a merchandise trade surplus of 2,126 million Swiss francs in January.
Wednesday February 13 2013
Switzerland Unemployment Rate Up to 3.4 Percent in January  
In January of 2013, 148 thousand people were registered as unemployed with the regional employment offices (RFOs) or 5 thousand more than in the previous month. The unemployment rate increased from 3.3 percent in December of 2012 to 3.4 percent in the month under review.
Wednesday February 13 2013
Switzerland Inflation Rate Up to -0.3 Percent in January  
The Swiss Consumer Price Index calculated by the Federal Statistical Office registered a decline of 0.3% in January 2013. Compared with annualised rates the inflation was -0.4% in December 2012 and -0.8% in January 2012.
Thursday December 20 2012
Switzerland Posts Trade Surplus in November  
Switzerland's trade surplus slightly increased to 2.9 billion Swiss francs, the second largest of the year, the Federal Customs Administration reported.
Thursday December 13 2012
Swiss National Bank Keeps Monetary Policy Unchanged in December  
The Swiss Central Bank announced in its monetary policy assessment, in December of 2012, the decision to leave borrowing costs at zero. The decision was justified with the uncertainty in the Euro Area.
Wednesday December 12 2012
Swiss Trade Surplus Widens in October  
Switzerland's trade surplus widened in October due to a fall in imports, the Federal Customs Administration reported.
Tuesday December 11 2012
Switzerland Annual Inflation Down to -0.4% in November  
According to the Federal Statistical Office, the Swiss index of consumer prices declined 0.3% in November of 2012 compared to the previous month. On an annual basis, inflation was -0.4%.
Tuesday December 11 2012
Swiss National Bank Keeps Monetary Policy Unchanged in Q3 of 2012  
The Swiss Central Bank announced in its quarterly monetary policy assessment, in September of 2012, the decision to leave borrowing costs at zero due to the vulnerability of the global economy.
Tuesday December 11 2012
Unemployment Rate in Switzerland Rises to 3.1% in November  
The unemployment rate increased from 2.9% in October 2012 to 3.1% during the month under review. Unemployment rose 10 958 people (9.0%) compared to the corresponding month of the previous year.
Tuesday December 11 2012
Swiss Gross Domestic Product up by 0.6% in Q3  
The real gross domestic product (GDP) for Switzerland increased in the third quarter 2012 by 0.6% compared with the second quarter of 2012 with private and public consumption and the balance of trade in goods contributing towards the growth.
Tuesday September 04 2012
Swiss Economy Contracts 0.1% in Q2  
Swiss economy contracted for the first time in nine months, falling 0.1 percent compared with the first quarter as the impact of the euro zone crisis weighed on the country's exports.
Thursday June 14 2012
SNB Keeps Monetary Policy Unchanged  
The Swiss central bank pledged to keep defending its franc cap and left borrowing costs at zero to protect the economy from “exceptionally high” risks as the euro area’s crisis intensifies
Sunday June 03 2012
Swiss Economy Expands 0.7% in Q  
The real gross domestic product (GDP) for Switzerland grew in the 1st quarter of 2012 by 0.7% compared with the 4th quarter 2011.
Thursday May 24 2012
Swiss Trade Surplus Narrows in April  
Switzerland's trade surplus fell unexpectedly in April due to a fall in exports, the Federal Customs Administration reported.
Thursday March 22 2012
Swiss Trade Surplus Widens in February  
Switzerland's trade surplus reached 2.7 billion francs in February, up from the 1.6 billion francs in January, with the watch industry leading export growth.
Thursday March 15 2012
Swiss National Bank Keeps Minimum Exchange Rate Unchanged  
The Swiss National Bank will continue to enforce the minimum exchange rate of CHF 1.20 per euro with the utmost determination. It is prepared to buy foreign currency in unlimited quantities for this purpose. The target range for the three-month Libor will remain unchanged at 0.00–0.25%. The SNB will continue to maintain liquidity on the money market at an exceptionally high level.
Thursday March 08 2012
Swiss Inflation Falls In February  
Consumer prices in Switzerland fell 0.9 percent year-on-year in February, after 0.8 percent decline in January. In February 2011, prices rose 0.5 percent on an yearly basis.
Thursday March 01 2012
Swiss Economy Expands In Q4  
The Swiss economy unexpectedly expanded in the fourth quarter, bolstered by strong private consumption, foreign trade and gross fixed investments.
Thursday February 02 2012
Swiss Exports Declines in December  
Exports from Switzerland fell in December, hurt by turmoil in the Euro Zone which slashed demand for Swiss goods and drove the franc currency to unfavorably strong levels as investors looked for a safe place to park their money.
Tuesday December 20 2011
Swiss Trade Surplus Rises In November  
The Swiss trade surplus hit CHF 3 billion in November, the second largest on record, up from CHF 2.16 billion during October.
Thursday December 15 2011
SNB Holds Franc Peg at 1.20 to the Euro  
The Swiss National Bank kept the minimum floor unchanged at 1.20 Swiss francs against the euro, even as it warned of a highly uncertain international economic outlook, saying that a further escalation of the European sovereign debt crisis can't be ruled out.
Tuesday December 06 2011
Swiss Inflation Rate Declines in November  
The Swiss consumer price index fell 0.2% on the month, and 0.5% on the year in November, as the strong franc pushed automobile and food costs lower, outweighing higher energy and accommodation costs.
Thursday December 01 2011
Swiss GDP Growth Slows to 0.2% in Q3  
Switzerland’s economy grew at the slowest pace in more than two years in the third quarter as companies cut spending and exports slumped.
Tuesday November 22 2011
Swiss Trade Surplus Wides in October  
Switzerland's trade surplus widened in October to CHF 2.2 billion from CHF 1.9 billion a month earlier, data from the Federal Customs Administration showed on November 22nd.
Monday November 07 2011
Swiss Unemployment Rate at 2.9% in October  
Switzerland's unemployment rate rose from 2.8 to 2.9 percent in October, State Secretariat for Economic Affairs (Seco) reported on November 7.
Monday November 07 2011
Swiss Inflation Drops In October  
Swiss consumer prices declined to -0.1 percent in October, following a 0.5 percent rise in September, data from the Federal Statistical Office showed on November 7.
Thursday October 20 2011
Switzerland's Trade Surplus Widens in September  
Switzerland's trade surplus increased to CHF 1.85 billion in September from CHF 808 million in August as exports improved, data from the Federal Customs Administration showed on September 20.
Thursday October 06 2011
Swiss Inflation Quickens In September  
Switzerland's annual inflation rose to 0.5 percent in September from 0.2 percent in August, the Federal Statistical Office reported on October 6.
Tuesday September 20 2011
Swiss Trade Surplus Narrows In August  
Switzerland's trade surplus narrowed in August due to a sharp fall in exports, data from the Federal Customs Administration showed on September 20.
Thursday September 15 2011
SNB Reiterates Franc Stance  
The Swiss National Bank will enforce the minimum exchange rate of CHF 1.20 per euro set on 6 September with the utmost determination. It is prepared to buy foreign currency in unlimited quantities. It continues to aim for a three-month Libor at zero and will maintain total sight deposits at the SNB at significantly above CHF 200 billion.
Thursday September 01 2011
Swiss GDP Growth Slows to 0.4% In Q2  
Swiss gross domestic product grew 0.4% quarter-on-quarter in the second quarter following a revised 0.6 % rise in the first three months of 2011, data from the State Secretariat for Economic Affairs, showed on September 1.
Wednesday August 24 2011
Swiss Trade Surplus Widens In July  
Switzerland's trade surplus widened in July despite a drop in exports, data from the Federal Customs Administration showed on August 23.
Friday August 05 2011
Swiss Inflation Rate Slows in July  
Swiss consumer prices rose 0.5 percent year-on-year after climbing 0.6 percent in June.
Wednesday August 03 2011
Swiss National Bank Cuts Rates  
The Swiss National Bank cut its interest rate target band from 0.00–0.75% to 0.00– 0.25% on August 3, in a surprise move to stem the rapid rise of the Swiss franc.
Friday July 22 2011
Swiss Exports Stable in June  
Swiss exporters continue to suffer under the strong franc, with exports up only 0.4 per cent last month compared with the same period in 2010.
Friday July 08 2011
Switzerland's Unemployment Falls to 2.8% in June  
Switzerland’s unemployment rate continued to move downwards, falling to 2.8 percent in June from 2.9 percent in May.
Thursday July 07 2011
Swiss Inflation Rises 0.6% in June  
Swiss annual inflation rose to 0.6 percent in June from 0.4 percent in May, data from the Federal Statistical Office showed on July 7.
Thursday June 23 2011
Swiss Exports Rises in May  
Swiss exports increased in May amid strong demand from Asia and another strong uptick in watch sales, but prices for exported goods continued to drop during the period due to the strong franc.
Thursday June 16 2011
Swiss National Bank Keeps Rates on Hold  
The Swiss National Bank (SNB) decided on June 16 to leave the target range for the three-month Libor rate unchanged at 0.0–0.75%, and intends to keep the Libor within the lower part of the target range at around 0.25%.
Tuesday June 07 2011
Swiss Inflation Rises 0.4% in May  
Swiss Consumer prices rose 0.4 percent from a year ago compared to 0.3 percent in April, and were flat compared with the previous month, the Federal Statistics Office said on June 7.
Tuesday May 31 2011
Swiss GDP Rises 0.3% in Q1  
The real gross domestic product (GDP) for Switzerland grew in the first quarter of 2011 by 0.3% compared to the fourth quarter of 2010. Positive growth was generated by the trade balance, construction, investment, and to a lesser extent by private consumption. GDP growth was 2.4% compared to the first quarter of the previous year.
Saturday May 07 2011
Swiss Unemployment Falls to 3.1% in April  
Switzerland’s unemployment rate continued to move downwards, falling to 3.1 percent in April from 3.4 percent in March, a decline of more than 22 percent compared to April 2010.
Friday April 08 2011
Swiss Jobless Rate Drops in March to 3.4%  
Unemployment rate in Switzerland fell to 3.4 percent in March from 3.6 percent in February, State Secretariat For Economic Affairs said on April 8.
Wednesday April 06 2011
Swiss Inflation Rises in March  
Swiss national consumer price index calculated by the Federal Statistical Office (FSO) registered an increase of 0.6% in March 2011 and reached 100.7 points (December 2010=100). Year-on-year inflation was 1.0%, compared with annualised rates of 0.5% in February 2011 and 1.4% in March 2010.
Tuesday March 22 2011
Swiss Exports Record Strong Growth In February  
Switzerland's exports continued to record robust growth in February, fueled by surging demand for its watches and machinery, data showed Tuesday.
Thursday March 17 2011
Swiss National Bank Maintains its Expansionary Monetary Policy  
The Swiss National Bank (SNB) decided on March 17 to leave the target range for the three-month Libor rate unchanged at 0.0–0.75%, and intends to keep the Libor within the lower part of the target range at around 0.25%.
Friday March 11 2011
Canada's Unemployment Rate Stable in February  
In Canada, the unemployment rate remained unchanged at 7.8%. Employment edged up in February (+15,000), bringing total gains over the past three months to 115,000. Over the past 12 months, employment has risen by 1.9% (+322,000).
Wednesday March 09 2011
Swiss Inflation Rate Rises in February  
Swiss inflation picked up in February to 0.5% on the back of higher rents and the cost of energy and fuel.
Wednesday March 09 2011
Swiss Jobless Rate Drops to 3.4% in February  
The unemployment rate in Switzerland dropped to 3.4% from 3.5% in the previous month, the State Secretariat for Economic Affairs said on March 8.
Tuesday March 01 2011
Swiss Economy Expands 0.9% in Q4  
The real gross domestic product (GDP) for Switzerland grew in the fourth quarter of 2010 by 0.9% over the third quarter. Positive growth came from investments, the trade balance for goods as well as from private consumption.
Wednesday February 23 2011
Swiss Exports Rises in January  
Switzerland's exports recorded robust growth in January, fueled by surging demand from Germany, China and the U.S., data showed on February 22.
Friday February 11 2011
Swiss Inflation Eases in January  
Swiss consumer price inflation eased slightly in January as retailers slashed prices in winter sales and a strong franc made imports cheaper, indicating the central bank has little reason to raise interest rates soon.
Wednesday February 09 2011
Swiss Jobless Rate Unchanged in January  
The unemployment rate in Switzerland remained unchanged at 3.5% in January, official data showed on February 8.
Thursday February 03 2011
Swiss Exports Holds Up in December  
Switzerland's exporters defied the record-strength of the Swiss franc in December for another month as Asian and Latin American countries bought more Swiss products.
Sunday January 09 2011
Swiss Unemployment Rate Steady in December  
The number of jobless went up slightly in December and for 2010 as a whole. While most experts feel there is little to worry about, the strong franc is a concern.
Sunday January 09 2011
Swiss Inflation Accelerates in December  
Swiss inflation quickened in December as rising oil prices boosted the costs of imported goods.
Thursday December 23 2010
Swiss Exports Rises in November  
Swiss exports increased in November, driven by strong Asian and emerging market demand for watches and industrial goods, with the strong Swiss franc having only a muted impact.
Friday December 17 2010
Swiss National Bank Maintains Its Expansionary Monetary Policy  
The Swiss National Bank (SNB) is maintaining its expansionary monetary policy. It is leaving the target range for the three-month Libor unchanged at 0.00–0.75%, and intends to keep the Libor within the lower part of the target range at around 0.25%.
Thursday December 09 2010
Swiss Unemployment Rate Rises to 3.6 percent in November  
The Swiss unemployment rate rose 0.1 percentage points in November to 3.6 percent, the latest official data showed on December 7.
Monday December 06 2010
Swiss Inflation Unchanged at 0.2% in November  
The national consumer price index calculated by the Federal Statistical Office (FSO) rose by 0.2% in November 2010 compared with the previous month, reaching 104.2 points (December 2005=100).
Thursday December 02 2010
Swiss GDP Grows 0.7% in the Third Quarter  
Swiss economic growth slowed less than economists forecast in the third quarter as consumers stepped up spending, helping counter a drop in exports.
Friday November 19 2010
Swiss Trade Surplus Increases in October  
Swiss exports rose in October despite the strong franc as Asian consumers and companies kept buying Swiss watches and machines.
Monday November 08 2010
Swiss Jobless Rate Drops to 3.6%  
The Swiss jobless rate fell to the lowest in more than 1 1/2 years in October as companies boosted their workforce to meet global export demand.
Thursday November 04 2010
Swiss Core Inflation Turns Negative for Frst Time Since 1994  
Swiss core inflation turned negative in October for the first time in at least 16 years as the strong franc dampened price pressures, indicating that interest rates could stay at ultra-low levels well into 2011.
Thursday September 16 2010
Switzerland Keeps Interest Rate Unchanged  
The Swiss National Bank said on September 16 it would keep its key interest rate target at the record low of 0.25 percent, citing the current strength of the Swiss franc and low risk of inflation.
Sunday September 05 2010
Swiss Inflation Slowed Fourth Straight Month in August  
Swiss inflation slowed for a fourth straight month in August, giving the central bank room to keep borrowing costs near zero.
Sunday September 05 2010
Swiss Economy Expanded 0.9% in Q2  
Switzerland’s economy expanded at a faster pace than economists forecast in the second quarter as companies stepped up spending to meet global demand.
Saturday August 21 2010
Switzerland Posts Record Trade Surplus in July  
Switzerland posted a record trade surplus in July and although the pace of export growth slowed, the economy is expected to maintain momentum in the third quarter.
Tuesday July 06 2010
Swiss Inflation Drops in June  
Swiss consumer price inflation dropped sharply in June, undershooting forecasts and giving fresh impetus to a debate on whether the country's central bank might resume currency interventions.
Tuesday June 22 2010
Swiss Exports Rise in May  
Swiss exports rose in May, data showed on Tuesday, defying a rally by the franc against the euro and indicating that the Alpine state's economy could stomach a stronger currency.
Thursday June 17 2010
Swiss National Bank Keeps Interest Rates Unchanged  
After its regular quarterly policy-setting meeting the SNB left the target range for its benchmark three-month Swiss franc London interbank offered rate unchanged at 0.0%-0.75%.
Tuesday June 08 2010
Swiss Unemployment Stays Flat in May  
Switzerland's seasonally adjusted jobless rate in May was 4%, unchanged from April, latest report from the State Secretariat for Economic Affairs showed Tuesday. There were 156,453 unemployed people in May, down from 157,793 in April.
Tuesday June 08 2010
Swiss Annual Inflation Slows In May  
Switzerland's consumer price annual inflation slowed to 1.1% in May from 1.4% in April, the Federal Statistical Office reported. A year ago, consumer prices were down 1%.
Tuesday June 01 2010
Swiss Economy Grows 0.4% in Q1  
Swiss GDP expanded 0.4% in Q1 2010, disappointing on market expectations of 0.7% growth. Last quarter's growth was revised from 0.9% to 0.7%. This brings annualized GDP figures to 2.2% for Q1 2010, up from prior quarter's 0.6% and above market expectations of 1.8% expansion this quarter.
Saturday May 08 2010
Swiss Core Inflation Eases Towards Zero in April  
Swiss consumer price inflation, excluding fuel and other volatile prices, eased further in April, providing the Swiss central bank with fresh arguments in its fight against a rising currency to avoid deflation risks.
Thursday April 22 2010
Swiss Trade Surplus Rises In March  
Swiss exports saw a marked improvement in the first quarter of 2010, government data Thursday showed, in spite of a rising local currency.
Thursday March 11 2010
Swiss National Bank Maintains its Expansionary Monetary Policy  
The Swiss National Bank left interest rates unchanged and repeated it is ready to intervene in foreign exchange markets in the event of a massive rise in the Swiss franc.
Tuesday March 09 2010
Swiss Inflation Picks up in January  
Inflation in Switzerland accelerated in January by more than analysts had expected, a sign that the need for the Swiss National Bank's drastic anti-deflation measures is fading.
Tuesday March 02 2010
Swiss Economic Growth Picks Up  
Switzerland's gross-domestic-product growth accelerated in the fourth quarter of 2009, adding to recent signs that the country is fast recovering from the global financial crisis.
Thursday January 07 2010
Swiss Inflation Rises in December  
Switzerland still faces deflation risks, lower-than-expected inflation data showed on Thursday, as the economic recovery remained fragile, supporting views the Swiss central bank may stick to its loose policy for some time.
Tuesday December 22 2009
Swiss Exports Show More Signs of Recovery  
Swiss exports rose on the month in November as foreign demand improved in most sectors, adding to signs that recovery of the Alpine economy is gaining traction.
Thursday December 10 2009
SNB Joining Central-Bank Exit  
Switzerland’s central bank said it will stop purchases of corporate bonds as it joins other countries in starting to withdraw emergency measures.
Wednesday December 09 2009
Swiss Unemployment Remains at 11-year High  
Unemployment in Switzerland remained at an 11-year high in November as the impact of recession lingered in the jobs market despite a recent return to economic growth.
Tuesday December 01 2009
Swiss Economy Pulls Out of Recession in Q3  
The Swiss economy pulled out of recession in the third quarter, growing by 0.3% compared to the previous three months, slightly better than expected.
Friday November 06 2009
Swiss Inflation Continues To Fall  
Switzerland's consumer price index or CPI fell 0.8% year-on-year in October, the Federal Statistical Office
Friday November 06 2009
Swiss Unemployment Highest in Over 4 Years  
Unemployment in Switzerland rose to 4.0 percent in October from 3.9 percent in September, hitting the highest level since February 2005 although economists said deterioration in the job market seems to be slowing.
Wednesday October 07 2009
Swiss Unemployment Rate Climbs  
Switzerland's unemployment rate climbed to 3.9 percent in September, up from 3.8 percent a month earlier, official figures showed Wednesday.
Tuesday October 06 2009
Swiss Inflation Falls in September  
Swiss consumer prices fell by 0.9 percent on the year in September as cheaper oil and fuel lowered the cost of living.
Tuesday September 22 2009
Swiss Trade Surplus Shrinks In August  
The Federal Customs Administration said Switzerland's trade surplus stood at CHF 1.79 billion in August, down from CHF 2.21 billion surplus in July, revised from CHF 2.35 billion reported initially.
Thursday September 17 2009
SNB Holds Key Rate Near Zero  
The Swiss central bank left its key interest rate near zero and signaled it will continue to counter an appreciation of the franc to ward off deflation.
Tuesday September 08 2009
Swiss Unemployment Rises  
Unemployment in Switzerland rose in August to 3.8 per cent as job vacancy advertisements were also in decline, the State Secretariat for Economic Affairs reported. Compared to the same period last year, the conferederation's unemployment rate has jump 60 per cent.
Friday September 04 2009
Swiss Inflation Eases in August  
Swiss consumer prices continued to fall in August on the year but at a slower pace than in the previous month, when prices had tumbled following aggressive summer sales.
Tuesday September 01 2009
Swiss Economic Slump Eases  
Switzerland’s economy shrank less than economists forecast in the second quarter, helped by consumer spending and a recovery in investment by companies in plants and equipment.
Thursday August 20 2009
Swiss Foreign Trade Still in Doldrums  
Switzerland’s foreign trade in July remained in the doldrums after a sharp drop in the first half of the year. Imports were down 14 percent in real terms, compared to last year, and a little lower than in June 2009.
Friday August 07 2009
Swiss Unemployment Rises to Highest in Almost 5 Years  
Swiss unemployment increased to the highest in almost five years in July as a slump in exports prompted companies to eliminate jobs
Tuesday August 04 2009
Swiss Inflation Records Biggest Fall Since 1959  
Switzerland's consumer prices in July recorded the biggest fall since August 1959, official data showed Tuesday.
Tuesday July 21 2009
Swiss Exports Suffer a Record Tumble  
Switzerland's exports suffered a fall of nearly a quarter in June, continuing a trend that has wiped out three years of trade growth.
Wednesday July 08 2009
Swiss Unemployment Hits Highest Level in Over 3 years  
The unemployment rate shot up in June to 3.6 per cent or 140,253 people, the steepest rise in three years.
Tuesday June 23 2009
Swiss May Trade Surplus Tightens  
Swiss May trade surplus tightened to CHF2.01 bln from 2.56 bln in April, on the back of deteriorating export growth.
Thursday June 18 2009
SNB Holds Key Rate  
The Swiss National Bank left its benchmark interest rate unchanged and said it will continue to take “firm action” to prevent any appreciation of the franc as it battles the threat of deflation.
Friday June 05 2009
Swiss Inflation Slows  
Swiss inflation fell at their fastest rate in 50 years in May, dropping 1.0 percent on the year due to lower energy prices, but economists said the central bank has done enough for now to fight deflation.
Wednesday June 03 2009
Swiss Economy Shrinks But Still Performs Better than its European Neighbors  
In the first quarter of 2008, Switzerland’s economy contracted 2.4 percent from a year earlier, the fastest pace in almost 15 years. And even though it is expected that the deterioration will continue throughout 2009, so far the Europe’s eight largest economy has performed better than its European neighbors.
Tuesday June 02 2009
Switzerland’s Economy Shrinks Most in 15 Years  
Switzerland’s economy contracted at the fastest pace in almost 15 years in the first quarter after companies cut spending to weather a slump in exports.
Thursday May 28 2009
Swiss Exports Rise  
Swiss exports rose in April, adding to signs an economic slump is bottoming out.
Friday May 08 2009
Swiss Unemployment Rises to Highest Since July 2006  
Swiss unemployment rose to the highest in almost three years in April as falling demand prompted companies to cut jobs.
Thursday May 07 2009
Swiss Inflation Drops In April  
Swiss Federal Statistical Office said consumer prices dropped 0.3% on a yearly basis in April, following a 0.4% decline in March.
Thursday April 23 2009
Swiss Exports Slump Continues  
Swiss exports continued to drop at a high rate in March as the global recession dampened demand across all sectors and almost all regions.
Thursday April 09 2009
Swiss Unemployment Rises to Two-Year High  
Swiss unemployment rose to the highest in more than two years in March as falling orders prompted companies to cut back production.
Thursday March 12 2009
SNB Cuts Rate, Intervenes to Weaken Swiss Currency  
The Swiss central bank cut its interest rate close to zero and started buying foreign currencies to stem the franc’s appreciation as the recession sharpens and deflation looms.
Tuesday March 10 2009
Will Swiss Economy Avoid a Major Recession?  
In the fourth quarter of 2008, Switzerland’s economy contracted the most since 2004 entering its first recession in six years. Is this a temporary downturn or just a beginning of a prolonged slump?
Monday March 09 2009
Swiss Unemployment is Accelerating  
Unemployment in Switzerland rose to its highest level in 2 years in February as companies continued to axe jobs at a faster rate in reaction to the economic downturn.
Tuesday March 03 2009
Swiss Economy Enters First Recession in Six Years  
Switzerland’s economy contracted by the most since 2004 in the fourth quarter, entering its first recession in six years as a global slowdown strangled exports and companies slashed spending.
Thursday February 19 2009
Swiss Exports Rebound From Biggest Slump in 11 Years  
Swiss exports rebounded in January after dropping the most in at least 11 years in the previous month.
Wednesday February 11 2009
Swiss Economy Can Avoid a Major Recession  
So far, in the wake of global financial crisis; the Swiss economy has performed better than its European neighbors. What is behind this advantage and can Europe’s eight largest economy avoid significant deterioration?
Tuesday February 10 2009
Swiss Inflation Drops to 2-year Low  
Swiss inflation continued its recent decline in January and hit a fresh 2-year low due to cheaper oil and winter sales of clothes.
Friday February 06 2009
Swiss Unemployment Rises to 2-year High in January  
Unemployment in Switzerland rose to its highest level in 2 years in January as companies axed jobs at a faster rate in reaction to the economic downturn.
Thursday December 11 2008
Swiss Central Bank Cuts Rate to 0.5%  
The Swiss central bank cut its interest rate to a four-year low of 0.5 percent and said further measures are possible as the economy faces a recession that may be the worst since 1982.
Tuesday December 09 2008
Swiss Unemployment Rises  
The seasonally adjusted jobless rate increased to 2.7 percent from 2.6 percent the previous month, the State Secretariat for Economic Affairs in Bern said today.
Wednesday December 03 2008
Swiss Economy Can Avoid a Major Recession  
So far, the Swiss economy has performed better than its European neighbors. In fact, although Switzerland's leading economic indicators fell to the lowest level in more than five years in November and manufacturing contracted at the fastest pace since at least 1995, it happened at more gradual pace than in any other major economy.
Tuesday December 02 2008
Swiss Inflation Rate Drops  
Switzerland’s inflation rate dropped the most in 15 years in November as the price of oil declined, giving the central bank more leeway to bolster the economy.
Thursday November 20 2008
SNB Cuts Rate by 100 bp  
Switzerland's central bank lowered its benchmark interest rate by an unprecedented percentage point after the economic growth outlook worsened.
Friday November 07 2008
Swiss Unemployment Rises  
The number of people unemployed in Switzerland rose in October as a gloomy outlook for the world economy prompted companies to scale back their payrolls.
Thursday November 06 2008
SNB Unexpectedly Cuts Rates  
The Swiss central bank unexpectedly cut its main lending rate by 50 basis points and said the economy may contract next year.
Tuesday November 04 2008
Swiss Inflation Slows  
Swiss inflation slowed in October as the price of oil dropped. CPI rose 2.6 percent from a year earlier after increasing 2.9 percent in September. Prices rose 0.5 percent from the previous month.
Tuesday October 21 2008
Swiss Exports Fall First Time Since 2005  
Swiss exports declined for the first time in almost four years in September as slowing economic growth around the world damped new orders.
Friday October 10 2008
Swiss Unemployment Rises for First Time in Five Years  
Swiss unemployment rose for the first time in five years in September as a worsening global credit squeeze weighed on economic growth.
Wednesday October 08 2008
Swiss National Bank Cuts Rate by 50 Basis Points  
The Swiss National Bank (SNB) has decided to ease conditions in the money market by 50 basis points in a bid to bring down the Swiss franc three-month Libor from its most recent level of 3% to 2.5%.
Thursday October 02 2008
Swiss Government Sees Increased Growth Risks in 2009  
The Swiss government said it sees ``significantly'' higher risks to economic growth next year as the credit crunch weighs on a global expansion.
Thursday September 18 2008
SNB Holds Rate at Seven-Year High  
The Swiss central bank kept its main lending rate at a seven-year high today to ensure inflation will slow below its 2 percent limit.
Tuesday September 16 2008
Swiss Franc Rises  
The Swiss franc rose to a five-month high against the euro and gained versus the dollar as surging money-market rates and the credit downgrade of American International Group Inc. stoked demand for the safest assets.
Monday September 15 2008
Swiss July Unemployment Rate Holds at Six-Year Low  
Swiss unemployment fell in July as new orders from Asia prompted manufacturers to hire, keeping the jobless rate at the lowest level since 2002 for a sixth month.
Tuesday September 02 2008
Swiss Inflation Drops  
Swiss inflation unexpectedly eased, reinforcing the case for the central bank to keep interest rates unchanged.
Tuesday September 02 2008
Swiss Second-Quarter Growth Accelerates  
Switzerland's economic expansion unexpectedly accelerated in the second quarter and inflation eased last month, reinforcing the case for the central bank to keep interest rates unchanged.
Friday August 29 2008
Swiss Leading Indicators Decline More Than Expected  
Switzerland's leading economic indicators fell more than expected to the lowest level in five years this month, evidence that growth may grind to a halt.
Friday August 08 2008
Swiss July Unemployment Rate Holds at Six-Year Low  
Swiss unemployment fell in July as new orders from Asia prompted manufacturers to hire, keeping the jobless rate at the lowest level since 2002 for a sixth month.
Tuesday August 05 2008
Swiss Franc Declines Versus Dollar  
The Swiss franc fell to the lowest level against the dollar since mid-May as gains in European shares gave investors the confidence to buy higher-yielding assets funded in Switzerland.
Tuesday July 22 2008
Swiss Trade Surplus Rises to Record  
Switzerland's trade surplus rose to a record in June, as Asian demand for Swiss-made machines outweighed consumer spending on imported televisions and MP3 players.
Wednesday July 16 2008
Swiss Franc Rises Against Euro, Dollar on Growth  
The Swiss franc rose against the euro and the dollar on speculation widening losses by U.S. banks will erode confidence in the financial system, trimming demand for higher-yielding assets funded in Switzerland.
Thursday July 03 2008
Swiss Franc Extends Drop Versus Euro  
The Swiss franc extended declines against the euro and dollar after a government report showed inflation accelerated less than economists forecast in June.
Thursday July 03 2008
Swiss CPI Rises 2.9% in June  
Swiss inflation held at the fastest pace in almost 15 years in June, led by rising energy costs.
Friday June 20 2008
Swiss Franc Declines  
The Swiss franc declined against the euro and dollar after the central bank left its main interest rate unchanged and signaled inflation is under control.
Friday June 20 2008
SNB Leaves Benchmark Rate Unchanged  
The Swiss central bank signaled it's in no rush to raise borrowing costs, saying the acceleration in inflation is ``transitory'' because economic growth is slowing.
Monday June 09 2008
Swiss Exports Decline in April  
Swiss exports fell in April as a slowdown in the global economy curtailed orders.
Monday June 09 2008
Swiss Franc Holds Close to Six-Week High  
The Swiss franc traded close to a six- week high against the dollar after a government report showed the jobless rate held at the lowest level in almost five years.
Wednesday June 04 2008
Swiss Franc Gains as Inflation Quickens  
The Swiss franc rose to a six-week high against the euro as a government report showed inflation accelerated more than forecast to the fastest pace in almost 15 years in May.
Wednesday June 04 2008
Swiss Inflation Rate Rises to 15-Year High  
Swiss inflation accelerated more than economists forecast to the fastest pace in almost 15 years in May, led by rising energy costs.
Thursday May 22 2008
Swiss Franc Advances  
The Swiss franc rose to the highest level in almost a month against the dollar after an industry report showed investor confidence in the economy improved in May amid signs financial-market tensions may be easing.
Tuesday May 13 2008
Swiss Franc Advances Against Euro  
The Swiss franc rose against the euro on bets the central bank will have more scope to raise interest rates to fight inflation, while the ECB will probably lower its borrowing costs to spur growth.
Thursday May 08 2008
Swiss April Jobless Rate Rises  
The Swiss jobless rate unexpectedly rose for the first time in more than four years in April as the global credit crisis and the prospect of an economic slowdown prompted companies to cut jobs.
Tuesday April 22 2008
Swiss Exports Increase the Most in More Than a Year  
Swiss exports rose at the fastest pace in more than a year in March as orders from Europe and Asia blunted the impact of a U.S. slowdown.
Monday April 07 2008
Swiss Franc Falls  
The Swiss franc fell to the lowest level in more than a month against the euro after stocks rallied on optimism the worst of the credit-market squeeze may be over, prompting investors to sell the currency to fund higher-yielding purchases.
Monday April 07 2008
Swiss Unemployment Rate Unchanged in March  
Swiss unemployment rate was steady at 2.5% in March and equal to the lowest level since 2002.
Friday April 04 2008
Swiss Inflation Accelerated in March  
Swiss inflation accelerated more than expected in March to the fastest pace in more than 14 years as prices for energy and food climbed to records.
Tuesday April 01 2008
Is Switzerland Economic Growth Slowing?  
Switzerland's economic growth has been very strong, reaching 3.6 percent in the last quarter of 2007. However, the recent appreciation of the Swiss Franc could become a big obstacle for Europe's eighth largest economy in 2008.
Wednesday March 19 2008
Swiss Franc Rises  
The Swiss franc rose after financial stocks in Europe slumped, prompting speculation credit-market losses are spreading and will cause central banks to cut interest rates.
Thursday March 13 2008
Swiss Franc Rises to Record  
The Swiss franc rose to a record against the dollar after a Carlyle Group fund moved closer to collapse, reviving concern that credit losses are widening and spurring demand for the safest assets.
Thursday March 13 2008
SNB Leaves Rate Unchanged  
The Swiss central bank left its main lending rate unchanged at a six-year high as global economic growth waned and inflation accelerated.
Tuesday March 04 2008
Swiss GDP rises 1% in Q4  
Switzerland's economic expansion unexpectedly accelerated to the fastest pace in more than two years in the fourth quarter as companies increased construction.
Friday February 08 2008
Swiss Inflation Accelerates to Fastest in 14 Years  
Swiss inflation accelerated to the fastest pace in 14 years in January, led by higher prices for energy and heating oil.
Thursday February 07 2008
Swiss Unemployment Rate Holds at Lowest in Five Years  
Swiss unemployment held at the lowest in more than five years in January as companies boosted capacity to meet orders.
Tuesday January 29 2008
Swiss December Trade Balance Declines  
Switzerland trade surplus fell to 198 million francs ($182 million), the lowest since August 2005.
Tuesday January 29 2008
Swiss Franc Falls as Rally in Global Stocks Stokes Carry Trade  
The Swiss franc fell against the dollar and the euro after a rebound in global stocks encouraged investors to resume so-called carry trades funded with loans from Switzerland and Japan.
Friday January 25 2008
Swiss Franc Falls as Stock-Market Rebound  
The Swiss franc fell for a second day against the euro as gains in global stocks prompted investors to purchase higher-yielding assets with loans funded from Switzerland.
Tuesday January 15 2008
Swiss Franc Rises to Record Against Dollar  
The Swiss franc rose to a record against the dollar as speculation financial-sector losses will swell crimped demand for high yielding assets, prompting investors to reduce so-called carry trades.
Friday January 04 2008
Swiss Inflation Rate Rises to 12-Year High  
Swiss inflation unexpectedly accelerated to the fastest pace in more than 12 years in December, led by higher energy costs.
Monday December 31 2007
Swiss Franc Posts Annual Decline Against Euro  
The Swiss franc fell against the euro for a third year as gains in global stocks encouraged traders to borrow the currency to fund higher-yielding investments.
Thursday December 27 2007
Swiss Franc Gains Against Euro, Dollar After Bhutto Is Killed  
The Swiss franc rose against the euro and the dollar after Pakistan opposition leader Benazir Bhutto was killed in a suicide-bomb attack, fueling demand for the safest assets.
Thursday December 13 2007
SNB Leaves Rate Unchanged  
The Swiss central bank left its main lending rate unchanged for the first time in two years today as the U.S. housing crisis threatens to slow the global economy.
Tuesday December 04 2007
Swiss Inflation Surge in November  
Switzerland's inflation rate rose to 1.8 percent in November, the highest level in more than six years, as oil near $100 a barrel drove up costs for heating and energy.
Tuesday December 04 2007
Swiss GDP rises 0.8 percent in Q3  
Switzerland's economy expanded faster than economists forecast in the Q3, driven by company spending and exports and inflation accelerated to a six year high in November. GDP, rose 0.8 percent from the Q2.
Tuesday November 20 2007
Swiss Exports Rise to Record in October  
Swiss exports exceeded 18 billion francs ($16.2 billion) for the first time in October as a weak franc supported foreign demand for Swiss products.
Friday November 02 2007
Swiss Inflation Accelerates in October  
Switzerland's CPI rose above the 1 percent mark for the first time in more than a year in October, driven by higher costs for heating oil and clothing.
Thursday October 18 2007
Swiss September Exports Rise, Fueled by Falling Franc  
Switzerland's exports increased for a fifth month in September as a declining franc made Swiss metals and watches more competitive abroad.
Tuesday October 02 2007
Swiss CPI 0.7% in August  
Swiss headline inflation was up 0.7% yoy in August, a bit below expectations. Core CPI remained stable at 0.8% yoy. Inflationary pressures remain restrained in Switzerland.
Thursday September 13 2007
SNB Raises Benchmark Rate to Head Off Inflation  
The Swiss central bank raised its benchmark interest rate for the eighth time since late 2005 to head off inflation even as rising credit costs threaten to weigh on economic growth.
Thursday September 06 2007
Swiss Unemployment Declines in August  
Swiss unemployment declined in August, keeping the jobless rate at the lowest level in five years as companies added workers to meet orders.
Wednesday September 05 2007
Swiss GDP rose 0.7% from Q1  
Swiss economic growth maintained its momentum in the three months through June as companies invested in equipment to meet increased demand at home and abroad.
Wednesday August 08 2007
Swiss July Unemployment Rate at Five-Year Low  
Swiss unemployment declined in July, keeping the jobless rate at the lowest in almost five years, as economic growth prompted companies to step up hiring.
Thursday July 19 2007
Swiss Trade Surplus Expands as Franc Fuels Exports  
Switzerland's trade surplus widened in June as a decline in the Swiss franc fueled exports of machines, watches and metals. Imports fell.
Saturday July 07 2007
Swiss Unemployment Rate at 5-Year Low  
Swiss unemployment declined in June, pushing the jobless rate to the lowest in almost five years as companies step up spending and hiring to meet orders.
Thursday June 07 2007
Swiss Balance of Trade Continues To Improve  
Growth in exports of goods and services continued, albeit at a slightly slower pace (+1.6%). This growth was sustained in large part by goods exports (+2.6%), while exports of services fell by 1.0%.
Thursday June 07 2007
Switzerland's real GDP rose by 0.8 Percent in Q1 of 2007  
The positive trend in the Swiss economy continues in Q1 of 2007. Switzerland's real GDP rose by 0.8% compared to the previous quarter. Compared to the first quarter of the previous year, GDP growth amounts to 2.4%.
Thursday June 07 2007
Swiss Consumption deflator rose by 0.3% in April  
Final consumption deflator rose by 0.3% and prices for fixed asset and software goods fell by 0.6%. In contrast, construction prices again rose significantly (+4.9%).
Thursday June 07 2007
Interest rates are expected to rise  
The robust economic environment should enable interest rates to rise in Switzerland and the euro area in particular.
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