Switzerland News

Switzerland Economic News, charts, historical data and forecasts.



SWITZERLAND NEWS

Swiss Trade Surplus Narrows in April
Published: 5/24/2012 3:36:57 PM By: TradingEconomics.com, Federal Customs Administration
Switzerland's trade surplus fell unexpectedly in April due to a fall in exports, the Federal Customs Administration reported.

Swiss Trade Surplus Widens in February
Published: 3/22/2012 12:50:26 PM By: TradingEconomics.com
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.

Swiss National Bank Keeps Minimum Exchange Rate Unchanged
Published: 3/15/2012 5:18:30 PM By: TradingEconomics.com, SNB
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.

Swiss Inflation Falls In February
Published: 3/8/2012 12:34:56 PM By: TradingEconomics.com, Swiss Federal Statistical Office
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.

Swiss Economy Expands In Q4
Published: 3/1/2012 11:38:28 AM By: TradingEconomics.com, Bloomberg
The Swiss economy unexpectedly expanded in the fourth quarter, bolstered by strong private consumption, foreign trade and gross fixed investments.

Swiss Exports Declines in December
Published: 2/2/2012 2:55:20 PM By: TradingEconomics.com, ABS
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.

Swiss Trade Surplus Rises In November
Published: 12/20/2011 1:58:45 PM By: TradingEconomics.com, Federal Customs Administration
The Swiss trade surplus hit CHF 3 billion in November, the second largest on record, up from CHF 2.16 billion during October.

SNB Holds Franc Peg at 1.20 to the Euro
Published: 12/15/2011 12:52:14 PM By: TradingEconomics.com, SNB
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.

Swiss Inflation Rate Declines in November
Published: 12/6/2011 12:36:39 PM By: TradingEconomics.com, SECO
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.

Swiss GDP Growth Slows to 0.2% in Q3
Published: 12/1/2011 1:42:47 PM By: TradingEconomics.com, Bloomberg
Switzerland’s economy grew at the slowest pace in more than two years in the third quarter as companies cut spending and exports slumped.

Swiss Trade Surplus Wides in October
Published: 11/22/2011 12:14:42 PM By: TradingEconomics.com, Federal Statstical Office
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.

Swiss Unemployment Rate at 2.9% in October
Published: 11/7/2011 1:35:54 PM By: TradingEconomics.com, Federal Statstical Office
Switzerland's unemployment rate rose from 2.8 to 2.9 percent in October, State Secretariat for Economic Affairs (Seco) reported on November 7.

Swiss Inflation Drops In October
Published: 11/7/2011 1:31:31 PM By: TradingEconomics.com, Federal Statstical Office
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.

Switzerland's Trade Surplus Widens in September
Published: 10/20/2011 10:43:06 AM By: TradingEconomics.com, Federal Customs Administration
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.

Swiss Inflation Quickens In September
Published: 10/6/2011 11:50:58 AM By: TradingEconomics.com, FSO
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.

Swiss Trade Surplus Narrows In August
Published: 9/20/2011 12:08:57 PM By: TradingEconomics.com, SECO
Switzerland's trade surplus narrowed in August due to a sharp fall in exports, data from the Federal Customs Administration showed on September 20.

SNB Reiterates Franc Stance
Published: 9/15/2011 11:29:31 AM By: TradingEconomics.com, SNB
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.

Swiss GDP Growth Slows to 0.4% In Q2
Published: 9/1/2011 11:38:54 AM By: TradingEconomics.com, SECO
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.

Swiss Trade Surplus Widens In July
Published: 8/24/2011 12:35:14 PM By: TradingEconomics.com, the Federal Customs Administration
Switzerland's trade surplus widened in July despite a drop in exports, data from the Federal Customs Administration showed on August 23.

Swiss Inflation Rate Slows in July
Published: 8/5/2011 1:28:40 PM By: Trading Economics, Federal Customs Administration
Swiss consumer prices rose 0.5 percent year-on-year after climbing 0.6 percent in June.

Swiss National Bank Cuts Rates
Published: 8/3/2011 10:35:24 AM By: TradingEconomics.com, SNB
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.

Swiss Exports Stable in June
Published: 7/22/2011 1:16:30 PM By: Trading Economics, Federal Customs Administration
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.

Switzerland's Unemployment Falls to 2.8% in June
Published: 7/8/2011 11:47:11 AM By: TradingEconomics.com, SECO
Switzerland’s unemployment rate continued to move downwards, falling to 2.8 percent in June from 2.9 percent in May.

Swiss Inflation Rises 0.6% in June
Published: 7/7/2011 11:20:20 AM By: TradingEconomics.com, RTT News
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.

Swiss Exports Rises in May
Published: 6/23/2011 6:07:59 PM By: TradingEconomics.com, WSJ
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.

Swiss National Bank Keeps Rates on Hold
Published: 6/16/2011 11:40:54 AM By: TradingEconomics.com, SNB
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%.

Swiss Inflation Rises 0.4% in May
Published: 6/7/2011 1:34:48 PM By: TradingEconomics.com, SECO
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.

Swiss GDP Rises 0.3% in Q1
Published: 5/31/2011 4:09:14 PM By: TradingEconomics.com, SECO
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.

Swiss Unemployment Falls to 3.1% in April
Published: 5/7/2011 1:43:00 PM By: TradingEconomics.com, SECO
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.

Swiss Jobless Rate Drops in March to 3.4%
Published: 4/8/2011 11:43:54 AM By: TradingEconomics.com, SECO
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.

Swiss Inflation Rises in March
Published: 4/6/2011 12:15:49 PM By: TradingEconomics.com, Federal Statistical Office
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.

Swiss Exports Record Strong Growth In February
Published: 3/22/2011 10:46:50 AM By: TradingEconomics.com, RTT News
Switzerland's exports continued to record robust growth in February, fueled by surging demand for its watches and machinery, data showed Tuesday.

Swiss National Bank Maintains its Expansionary Monetary Policy
Published: 3/17/2011 10:36:14 AM By: TradingEconomics.com, SNB
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%.

Canada's Unemployment Rate Stable in February
Published: 3/11/2011 12:14:04 PM By: TradingEconomics.com, Statistics Canada
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).

Swiss Inflation Rate Rises in February
Published: 3/9/2011 1:41:04 PM By: TradingEconomics.com, Reuters
Swiss inflation picked up in February to 0.5% on the back of higher rents and the cost of energy and fuel.

Swiss Jobless Rate Drops to 3.4% in February
Published: 3/9/2011 1:35:36 PM By: TradingEconomics.com, SECO
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.

Swiss Economy Expands 0.9% in Q4
Published: 3/1/2011 10:58:17 AM By: TradingEconomics.com, SECO
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.

Swiss Exports Rises in January
Published: 2/23/2011 7:53:38 PM By: TradingEconomics.com, RTT News
Switzerland's exports recorded robust growth in January, fueled by surging demand from Germany, China and the U.S., data showed on February 22.

Swiss Inflation Eases in January
Published: 2/11/2011 11:11:32 AM By: TradingEconomics.com, Reuters
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.

Swiss Jobless Rate Unchanged in January
Published: 2/9/2011 2:10:48 PM By: TradingEconomics.com, SECO
The unemployment rate in Switzerland remained unchanged at 3.5% in January, official data showed on February 8.

Swiss Exports Holds Up in December
Published: 2/3/2011 1:18:05 PM By: TradingEconomics.com, Reuters
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.

Swiss Unemployment Rate Steady in December
Published: 1/9/2011 8:22:07 PM By: TradingEconomics.com
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.

Swiss Inflation Accelerates in December
Published: 1/9/2011 7:45:18 PM By: TradingEconomics.com, Bloomberg
Swiss inflation quickened in December as rising oil prices boosted the costs of imported goods.

Swiss Exports Rises in November
Published: 12/23/2010 12:21:24 PM By: TradingEconomics.com, WSJ
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.

Swiss National Bank Maintains Its Expansionary Monetary Policy
Published: 12/17/2010 6:33:23 PM By: TradingEconomics.com, SNB
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%.

Swiss Unemployment Rate Rises to 3.6 percent in November
Published: 12/9/2010 11:50:03 AM By: TradingEconomics.com, AFP
The Swiss unemployment rate rose 0.1 percentage points in November to 3.6 percent, the latest official data showed on December 7.

Swiss Inflation Unchanged at 0.2% in November
Published: 12/6/2010 6:55:45 PM By: TradingEconomics.com, FSO
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).

Swiss GDP Grows 0.7% in the Third Quarter
Published: 12/2/2010 9:48:49 AM By: TradingEconomics.com, Bloomberg
Swiss economic growth slowed less than economists forecast in the third quarter as consumers stepped up spending, helping counter a drop in exports.

Swiss Trade Surplus Increases in October
Published: 11/19/2010 7:43:35 AM By: TradingEconomics.com, Reuters
Swiss exports rose in October despite the strong franc as Asian consumers and companies kept buying Swiss watches and machines.

Swiss Jobless Rate Drops to 3.6%
Published: 11/8/2010 12:31:34 PM By: TradingEconomics.com, Bloomberg
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.

Swiss Core Inflation Turns Negative for Frst Time Since 1994
Published: 11/4/2010 12:32:23 PM By: TradingEconomics.com, Reuters
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.

Switzerland Keeps Interest Rate Unchanged
Published: 9/16/2010 6:38:25 PM By: TradingEconomics.com, SNB
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.

Swiss Inflation Slowed Fourth Straight Month in August
Published: 9/5/2010 10:25:03 PM By: TradingEconomics.com, Bloomberg
Swiss inflation slowed for a fourth straight month in August, giving the central bank room to keep borrowing costs near zero.

Swiss Economy Expanded 0.9% in Q2
Published: 9/5/2010 6:50:37 PM By: TradingEconomics.com, Bloomberg
Switzerland’s economy expanded at a faster pace than economists forecast in the second quarter as companies stepped up spending to meet global demand.

Switzerland Posts Record Trade Surplus in July
Published: 8/21/2010 5:05:05 PM By: TradingEconomics.com, Reuters
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.

Swiss Inflation Drops in June
Published: 7/6/2010 9:06:59 AM By: TradingEconomics.com, Reuters
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.

Swiss Exports Rise in May
Published: 6/22/2010 9:14:54 AM By: TradingEconomics.com, Reuters
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.

Swiss National Bank Keeps Interest Rates Unchanged
Published: 6/17/2010 10:07:18 AM By: TradingEconomics.com, SNB
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%.

Swiss Unemployment Stays Flat in May
Published: 6/8/2010 12:08:34 PM By: TradingEconomics.com, RTT News
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.

Swiss Annual Inflation Slows In May
Published: 6/8/2010 12:03:24 PM By: TradingEconomics.com, RTT News
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%.

Swiss Economy Grows 0.4% in Q1
Published: 6/1/2010 9:55:06 AM By: TradingEconomics.com, RTT News
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.

Swiss Core Inflation Eases Towards Zero in April
Published: 5/8/2010 7:43:33 PM By: TradingEconomics.com, Reuters
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.

Swiss Trade Surplus Rises In March
Published: 4/22/2010 9:46:51 AM By: TradingEconomics.com
Swiss exports saw a marked improvement in the first quarter of 2010, government data Thursday showed, in spite of a rising local currency.

Swiss National Bank Maintains its Expansionary Monetary Policy
Published: 3/11/2010 10:14:34 AM By: TradingEconomics.com, SNB
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.

Swiss Inflation Picks up in January
Published: 3/9/2010 9:37:38 AM By: TradingEconomics.com, Reuters
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.

Swiss Economic Growth Picks Up
Published: 3/2/2010 10:01:07 AM By: TradingEconomics.com, WSJ, Bloomberg
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.

Swiss Inflation Rises in December
Published: 1/7/2010 10:29:19 AM By: TradingEconomics.com, Reuters
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.

Swiss Exports Show More Signs of Recovery
Published: 12/22/2009 10:25:21 AM By: TradingEconomics.com, Reuters
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.

SNB Joining Central-Bank Exit
Published: 12/10/2009 9:31:44 AM By: TradingEonomics.com, Bloomberg
Switzerland’s central bank said it will stop purchases of corporate bonds as it joins other countries in starting to withdraw emergency measures.

Swiss Unemployment Remains at 11-year High
Published: 12/9/2009 10:59:30 AM By: TradingEconomics.com, Reuters
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.

Swiss Economy Pulls Out of Recession in Q3
Published: 12/1/2009 11:01:26 AM By: TradingEconomics.com, Reuters
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.

Swiss Inflation Continues To Fall
Published: 11/6/2009 10:43:12 AM By: TradingEconomics.com, RTTNews
Switzerland's consumer price index or CPI fell 0.8% year-on-year in October, the Federal Statistical Office

Swiss Unemployment Highest in Over 4 Years
Published: 11/6/2009 10:40:06 AM By: TradingEconomics.com, Reuters
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.

Swiss Unemployment Rate Climbs
Published: 10/7/2009 9:47:35 AM By: TradingEconomics.com, AFP
Switzerland's unemployment rate climbed to 3.9 percent in September, up from 3.8 percent a month earlier, official figures showed Wednesday.

Swiss Inflation Falls in September
Published: 10/6/2009 9:44:48 AM By: TradingEconomics.com, Reuters
Swiss consumer prices fell by 0.9 percent on the year in September as cheaper oil and fuel lowered the cost of living.

Swiss Trade Surplus Shrinks In August
Published: 9/22/2009 10:20:13 AM By: TradingEconomics.com, Bloomberg
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.

SNB Holds Key Rate Near Zero
Published: 9/17/2009 9:13:23 AM By: TradingEconomics.com, Bloomberg
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.

Swiss Unemployment Rises
Published: 9/8/2009 9:32:07 AM By: TradingEconomics.com, Bloomberg
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.

Swiss Inflation Eases in August
Published: 9/4/2009 9:35:49 AM By: TradingEconomics.com, Reuters
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.

Swiss Economic Slump Eases
Published: 9/1/2009 9:27:32 AM By: TradingEconomics.com, Bloomberg
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.

Swiss Foreign Trade Still in Doldrums
Published: 8/20/2009 9:59:52 AM By: TradingEconomics.com, Genevalunch.com
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.

Swiss Unemployment Rises to Highest in Almost 5 Years
Published: 8/7/2009 9:28:50 AM By: TradingEconomics.com, Bloomberg
Swiss unemployment increased to the highest in almost five years in July as a slump in exports prompted companies to eliminate jobs

Swiss Inflation Records Biggest Fall Since 1959
Published: 8/4/2009 9:34:42 AM By: TradingEconomics.com, RTT News
Switzerland's consumer prices in July recorded the biggest fall since August 1959, official data showed Tuesday.

Swiss Exports Suffer a Record Tumble
Published: 7/21/2009 9:04:57 AM By: TradingEconomics.com, Swissinfo
Switzerland's exports suffered a fall of nearly a quarter in June, continuing a trend that has wiped out three years of trade growth.

Swiss Unemployment Hits Highest Level in Over 3 years
Published: 7/8/2009 9:29:05 AM By: TradingEconomics.com, Swissinfo
The unemployment rate shot up in June to 3.6 per cent or 140,253 people, the steepest rise in three years.

Swiss May Trade Surplus Tightens
Published: 6/23/2009 8:34:56 AM By: Tradingeconomics.com, Reuters
Swiss May trade surplus tightened to CHF2.01 bln from 2.56 bln in April, on the back of deteriorating export growth.

SNB Holds Key Rate
Published: 6/18/2009 8:46:55 AM By: Tradingeconomics.com, Bloomberg
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.

Swiss Inflation Slows
Published: 6/5/2009 8:45:29 AM By: Tradingeconomics.com, Reuters
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.

Swiss Economy Shrinks But Still Performs Better than its European Neighbors
Published: 6/3/2009 2:26:41 PM By: Anna Fedec, contact@tradingeconomics.com
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.

Switzerland’s Economy Shrinks Most in 15 Years
Published: 6/2/2009 8:24:03 AM By: TradingEconomics.com, Bloomberg
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.

Swiss Exports Rise
Published: 5/28/2009 9:50:19 AM By: TradingEconomics.com, Bloomberg
Swiss exports rose in April, adding to signs an economic slump is bottoming out.

Swiss Unemployment Rises to Highest Since July 2006
Published: 5/8/2009 8:56:53 AM By: TradingEconomics.com, Bloomberg
Swiss unemployment rose to the highest in almost three years in April as falling demand prompted companies to cut jobs.

Swiss Inflation Drops In April
Published: 5/7/2009 8:32:02 AM By: TradingEconomics.com
Swiss Federal Statistical Office said consumer prices dropped 0.3% on a yearly basis in April, following a 0.4% decline in March.

Swiss Exports Slump Continues
Published: 4/23/2009 7:53:31 AM By: Reuters
Swiss exports continued to drop at a high rate in March as the global recession dampened demand across all sectors and almost all regions.

Swiss Unemployment Rises to Two-Year High
Published: 4/9/2009 11:12:31 AM By: TradingEconomics.com, Bloomberg
Swiss unemployment rose to the highest in more than two years in March as falling orders prompted companies to cut back production.

SNB Cuts Rate, Intervenes to Weaken Swiss Currency
Published: 3/12/2009 8:29:02 AM By: TradingEconomics.com, Swiss National Bank
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.

Will Swiss Economy Avoid a Major Recession?
Published: 3/10/2009 7:46:16 PM By: Anna Fedec, contact@tradingeonomics.com
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?

Swiss Unemployment is Accelerating
Published: 3/9/2009 12:59:50 PM By: TradingEconomics.com
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.

Swiss Economy Enters First Recession in Six Years
Published: 3/3/2009 5:38:14 AM By: TradingEconomics.com, Bloomberg
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.

Swiss Exports Rebound From Biggest Slump in 11 Years
Published: 2/19/2009 5:49:38 AM By: TradingEconomics.com, Bloomberg
Swiss exports rebounded in January after dropping the most in at least 11 years in the previous month.

Swiss Economy Can Avoid a Major Recession
Published: 2/11/2009 7:58:47 AM By: Anna Fedec, contact@tradingeconomics.com
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?

Swiss Inflation Drops to 2-year Low
Published: 2/10/2009 5:49:45 AM By: TradingEconomics.com, Reuters
Swiss inflation continued its recent decline in January and hit a fresh 2-year low due to cheaper oil and winter sales of clothes.

Swiss Unemployment Rises to 2-year High in January
Published: 2/6/2009 6:17:06 AM By: TradingEconomics.com, Reuters
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.

Swiss Central Bank Cuts Rate to 0.5%
Published: 12/11/2008 7:12:48 AM By: TradingEconomics.com, Bloomberg.com
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.

Swiss Unemployment Rises
Published: 12/9/2008 5:41:32 AM By: TradingEconomics.com, Bloomberg.com
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.

Swiss Economy Can Avoid a Major Recession
Published: 12/3/2008 8:46:16 AM By: Anna Fedec
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.

Swiss Inflation Rate Drops
Published: 12/2/2008 5:32:35 AM By: TradingEconomics.com, Bloomberg.com
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.

SNB Cuts Rate by 100 bp
Published: 11/20/2008 6:38:38 AM By: TradingEconomics.com, Bloomberg.com
Switzerland's central bank lowered its benchmark interest rate by an unprecedented percentage point after the economic growth outlook worsened.

Swiss Unemployment Rises
Published: 11/7/2008 5:17:06 AM By: TradingEconomics.com, Bloomberg.com
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.

SNB Unexpectedly Cuts Rates
Published: 11/6/2008 5:17:25 AM By: TradingEconomics.com, Bloomberg.com
The Swiss central bank unexpectedly cut its main lending rate by 50 basis points and said the economy may contract next year.

Swiss Inflation Slows
Published: 11/4/2008 5:07:40 AM By: TradingEconomics.com, Bloomberg.com
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.

Swiss Exports Fall First Time Since 2005
Published: 10/21/2008 5:38:58 AM By: TradingEconomics.com, Bloomberg.com
Swiss exports declined for the first time in almost four years in September as slowing economic growth around the world damped new orders.

Swiss Unemployment Rises for First Time in Five Years
Published: 10/10/2008 9:43:49 AM By: TradingEconomics.com, Bloomberg.com
Swiss unemployment rose for the first time in five years in September as a worsening global credit squeeze weighed on economic growth.

Swiss National Bank Cuts Rate by 50 Basis Points
Published: 10/8/2008 7:38:09 AM By: TradingEconomics.com, Swiss National Bank
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%.

Swiss Government Sees Increased Growth Risks in 2009
Published: 10/2/2008 11:07:04 AM By: TradingEconomics.com, Bloomberg
The Swiss government said it sees ``significantly'' higher risks to economic growth next year as the credit crunch weighs on a global expansion.

SNB Holds Rate at Seven-Year High
Published: 9/18/2008 5:41:58 AM By: TradingEconomics.com, Bloomberg.com
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.

Swiss Franc Rises
Published: 9/16/2008 8:45:24 AM By: TradingEconomics.com, Bloomberg.com
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.

Swiss July Unemployment Rate Holds at Six-Year Low
Published: 9/15/2008 8:07:31 AM By: TradingEconomics.com, Bloomberg.com
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.

Swiss Inflation Drops
Published: 9/2/2008 6:42:40 AM By: TradingEconomics.com, Bloomberg
Swiss inflation unexpectedly eased, reinforcing the case for the central bank to keep interest rates unchanged.

Swiss Second-Quarter Growth Accelerates
Published: 9/2/2008 4:54:24 AM By: TradingEconomics.com, Bloomberg.com
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.

Swiss Leading Indicators Decline More Than Expected
Published: 8/29/2008 6:26:34 AM By: TradingEconomics.com, Bloomberg
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.

Swiss July Unemployment Rate Holds at Six-Year Low
Published: 8/8/2008 6:37:22 AM By: TradingEconomics.com, Bloomberg
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.

Swiss Franc Declines Versus Dollar
Published: 8/5/2008 6:51:46 AM By: TradingEconomics.com, Bloomberg
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.

Swiss Trade Surplus Rises to Record
Published: 7/22/2008 6:32:43 AM By: TradingEconomics.com, Bloomberg
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.

Swiss Franc Rises Against Euro, Dollar on Growth
Published: 7/16/2008 6:46:32 AM By: TradingEconomics.com, Bloomberg
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.

Swiss Franc Extends Drop Versus Euro
Published: 7/3/2008 6:48:17 AM By: TradingEconomics.com, Bloomberg
The Swiss franc extended declines against the euro and dollar after a government report showed inflation accelerated less than economists forecast in June.

Swiss CPI Rises 2.9% in June
Published: 7/3/2008 6:44:49 AM By: TradingEconomics.com, Bloomberg
Swiss inflation held at the fastest pace in almost 15 years in June, led by rising energy costs.

Swiss Franc Declines
Published: 6/20/2008 7:18:27 AM By: TradingEconomics.com, Bloomberg
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.

SNB Leaves Benchmark Rate Unchanged
Published: 6/20/2008 7:15:20 AM By: TradingEconomics.com, Bloomberg
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.

Swiss Exports Decline in April
Published: 6/9/2008 8:20:48 AM By: TradingEconomics.com, Bloomberg
Swiss exports fell in April as a slowdown in the global economy curtailed orders.

Swiss Franc Holds Close to Six-Week High
Published: 6/9/2008 6:18:36 AM By: TradingEconomics.com, Bloomberg
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.

Swiss Franc Gains as Inflation Quickens
Published: 6/4/2008 6:40:21 AM By: TradingEconomics.com, Bloomberg
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.

Swiss Inflation Rate Rises to 15-Year High
Published: 6/4/2008 6:38:35 AM By: TradingEconomics.com, Bloomberg
Swiss inflation accelerated more than economists forecast to the fastest pace in almost 15 years in May, led by rising energy costs.

Swiss Franc Advances
Published: 5/22/2008 6:09:41 AM By: TradingEconomics.com, Bloomberg
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.

Swiss Franc Advances Against Euro
Published: 5/13/2008 6:40:43 AM By: TradingEconomics.com, Bloomberg
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.

Swiss April Jobless Rate Rises
Published: 5/8/2008 6:52:33 PM By: TradingEconomics.com, Bloomberg
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.

Swiss Exports Increase the Most in More Than a Year
Published: 4/22/2008 10:23:44 AM By: TradingEconomics.com, Bloomberg
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.

Swiss Franc Falls
Published: 4/7/2008 8:35:14 AM By: TradingEconomics.com, Bloomberg
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.

Swiss Unemployment Rate Unchanged in March
Published: 4/7/2008 8:33:37 AM By: TradingEconomics.com
Swiss unemployment rate was steady at 2.5% in March and equal to the lowest level since 2002.

Swiss Inflation Accelerated in March
Published: 4/4/2008 6:50:40 AM By: TradingEconomics.com, Bloomberg
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.

Is Switzerland Economic Growth Slowing?
Published: 4/1/2008 9:22:03 AM By: Anna Fedec, analyst@tradingeconomics.com
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.

Swiss Franc Rises
Published: 3/19/2008 3:44:20 PM By: TradingEconomics.com, Bloomberg
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.

Swiss Franc Rises to Record
Published: 3/13/2008 7:13:32 AM By: TradingEconomics.com, Bloomberg
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.

SNB Leaves Rate Unchanged
Published: 3/13/2008 7:11:11 AM By: TradingEconomics.com, Bloomberg
The Swiss central bank left its main lending rate unchanged at a six-year high as global economic growth waned and inflation accelerated.

Swiss GDP rises 1% in Q4
Published: 3/4/2008 6:54:41 AM By: TradingEconomics.com, Bloomberg
Switzerland's economic expansion unexpectedly accelerated to the fastest pace in more than two years in the fourth quarter as companies increased construction.

Swiss Inflation Accelerates to Fastest in 14 Years
Published: 2/8/2008 6:17:07 AM By: TradingEconomics.com, Bloomberg
Swiss inflation accelerated to the fastest pace in 14 years in January, led by higher prices for energy and heating oil.

Swiss Unemployment Rate Holds at Lowest in Five Years
Published: 2/7/2008 6:50:15 AM By: TradingEconomics.com, Bloomberg
Swiss unemployment held at the lowest in more than five years in January as companies boosted capacity to meet orders.

Swiss December Trade Balance Declines
Published: 1/29/2008 7:05:47 PM By: TradingEconomics.com, Bloomberg
Switzerland trade surplus fell to 198 million francs ($182 million), the lowest since August 2005.

Swiss Franc Falls as Rally in Global Stocks Stokes Carry Trade
Published: 1/29/2008 6:56:56 PM By: TradingEconomics.com, Bloomberg
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.

Swiss Franc Falls as Stock-Market Rebound
Published: 1/25/2008 10:07:08 AM By: TradingEconomics.com, Bloomberg
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.

Swiss Franc Rises to Record Against Dollar
Published: 1/15/2008 6:51:54 AM By: TradingEconomics.com, Bloomberg
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.

Swiss Inflation Rate Rises to 12-Year High
Published: 1/4/2008 7:08:29 AM By: TradingEconomics.com, Bloomberg
Swiss inflation unexpectedly accelerated to the fastest pace in more than 12 years in December, led by higher energy costs.

Swiss Franc Posts Annual Decline Against Euro
Published: 12/31/2007 7:51:31 AM By: TradingEconomics.com, Bloomberg
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.

Swiss Franc Gains Against Euro, Dollar After Bhutto Is Killed
Published: 12/27/2007 9:49:43 AM By: Bloomberg
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.

SNB Leaves Rate Unchanged
Published: 12/13/2007 7:20:43 AM By: TradingEconomics.com, Bloomberg
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.

Swiss Inflation Surge in November
Published: 12/4/2007 6:10:35 AM By: TradingEconomics.com, Bloomberg
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.

Swiss GDP rises 0.8 percent in Q3
Published: 12/4/2007 6:00:01 AM By: TradingEconomics.com, Bloomberg
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.

Swiss Exports Rise to Record in October
Published: 11/20/2007 7:00:04 AM By: TradingEconomics.com, Bloomberg
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.

Swiss Inflation Accelerates in October
Published: 11/2/2007 7:47:46 AM By: TradingEconomics.com, Bloomberg
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.

Swiss September Exports Rise, Fueled by Falling Franc
Published: 10/18/2007 7:21:07 AM By: Bloomberg
Switzerland's exports increased for a fifth month in September as a declining franc made Swiss metals and watches more competitive abroad.

Swiss CPI 0.7% in August
Published: 10/2/2007 12:26:23 PM By: Goldman Sachs, TradingEconomics.com
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.

SNB Raises Benchmark Rate to Head Off Inflation
Published: 9/13/2007 6:10:43 AM By: Bloomberg
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.

Swiss Unemployment Declines in August
Published: 9/6/2007 1:31:18 PM By: Bloomberg
Swiss unemployment declined in August, keeping the jobless rate at the lowest level in five years as companies added workers to meet orders.

Swiss GDP rose 0.7% from Q1
Published: 9/5/2007 6:30:59 AM By: Bloomberg
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.

Swiss July Unemployment Rate at Five-Year Low
Published: 8/8/2007 6:36:01 AM By: Bloomberg
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.

Swiss Trade Surplus Expands as Franc Fuels Exports
Published: 7/19/2007 6:06:56 AM By: Bloomberg
Switzerland's trade surplus widened in June as a decline in the Swiss franc fueled exports of machines, watches and metals. Imports fell.

Swiss Unemployment Rate at 5-Year Low
Published: 7/7/2007 5:39:24 PM By: Bloomberg
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.

Swiss Balance of Trade Continues To Improve
Published: 6/7/2007 6:56:03 PM By: Federal Department of Economic Affairs, Swiss National Bank
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%.

Switzerland's real GDP rose by 0.8 Percent in Q1 of 2007
Published: 6/7/2007 6:54:29 PM By: Federal Department of Economic Affairs, Swiss National Bank
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%.

Swiss Consumption deflator rose by 0.3% in April
Published: 6/7/2007 6:52:09 PM By: Federal Department of Economic Affairs, Swiss National Bank
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%).

Interest rates are expected to rise
Published: 6/7/2007 6:50:07 PM By: Swiss National Bank
The robust economic environment should enable interest rates to rise in Switzerland and the euro area in particular.

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