Trade Balance in Switzerland
Switzerland - Trade BalanceEconomic growth slowed only slightly in Q3, although the headline reading was flattered by changes in inventories and statistical discrepancies. Underlying momentum was more subdued, amid a slowdown in private consumption and contractions in public spending, fixed investment and exports. Turning to Q4, available signs suggest that the economy has lost steam amid supply constraints, higher input prices and rising Covid-19 cases: The manufacturing PMI, services PMI and KOF Economic Barometer all fell through November. Moreover, in mid-December the federal government announced a tightening of restrictions to tame the advance of Omicron. Unvaccinated people are now barred from most public venues and citizens must work from home whenever possible, which has likely weighed on activity towards the end of the year.
Switzerland - Trade Balance Data
|Trade Balance (USD billion)||36.8||32.8||29.7||31.2||36.1|
5 years of economic forecasts for more than 30 economic indicators.
Switzerland Trade Balance Chart
Source: Swiss Federal Statistics Office (BFS).
|Bond Yield||-0.51||6.27 %||Jan 01|
|Exchange Rate||0.97||-0.54 %||Jan 01|
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January 7, 2022
Retail sales expanded 5.8% year-on-year in calendar-adjusted terms in November, which was above October's 2.2% increase.
January 4, 2022
Consumer prices dropped 0.10% from the previous month in December, contrasting the 0.04% rise recorded in November.
January 3, 2022
The Credit Suisse/procure.ch Manufacturing Purchasing Managers' Index (PMI) rose to 62.7 in December from November's 62.5.
Switzerland: KOF Economic Barometer records worst reading since February in December, but remains fairly upbeat
December 31, 2021
The KOF Economic Barometer came in at 107.0 in December, down from November's 107.5.
December 16, 2021
At its meeting on 16 December, the Swiss National Bank (SNB) left its policy rate and the interest rate on sight deposits at minus 0.75%—the world’s lowest.