Switzerland's industrial production fell 8.6 percent year-on-year in the second quarter of 2020, the first decline since the fourth quarter of 2016, as the coronavirus pandemic hit activity and demand. Output shrank for all sectors: manufacturing (-8.9 percent vs flat reading in Q1); electricity supply (-5.9 percent vs 3.5 percent); and mining and quarrying (-6.4 percent vs -7.1 percent). On a seasonally adjusted quarterly basis, industrial production dropped 8.3 percent, after a downwardly revised 0.2 percent gain in the previous period.

Industrial Production in Switzerland averaged 2.07 percent from 1991 until 2020, reaching an all time high of 12.30 percent in the first quarter of 2000 and a record low of -10.60 percent in the second quarter of 2009. This page provides - Switzerland Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. Switzerland Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on September of 2020.

Industrial Production in Switzerland is expected to be -12.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Switzerland to stand at 3.60 in 12 months time. In the long-term, the Switzerland Industrial Production is projected to trend around 5.10 percent in 2021 and 3.20 percent in 2022, according to our econometric models.

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Switzerland Industrial Production

Actual Previous Highest Lowest Dates Unit Frequency
-8.60 0.60 12.30 -10.60 1991 - 2020 percent Quarterly
WDA


Calendar GMT Actual Previous Consensus TEForecast
2019-11-21 07:30 AM Q3 8% 4.4% 2.2%
2020-02-20 07:30 AM Q4 1.6% 7.9% 4.5%
2020-05-25 06:30 AM Q1 0.8% 1.4% -4.2%
2020-08-20 06:30 AM Q2 -8.6% 0.6% -10%
2020-11-19 07:30 AM Q3 -8.6% -12%


News Stream
Swiss Industrial Output Falls for 1st Time in 3-1/2 Years
Switzerland's industrial production fell 8.6 percent year-on-year in the second quarter of 2020, the first decline since the fourth quarter of 2016, as the coronavirus pandemic hit activity and demand. Output shrank for all sectors: manufacturing (-8.9 percent vs flat reading in Q1); electricity supply (-5.9 percent vs 3.5 percent); and mining and quarrying (-6.4 percent vs -7.1 percent). On a seasonally adjusted quarterly basis, industrial production dropped 8.3 percent, after a downwardly revised 0.2 percent gain in the previous period.
2020-08-20
Swiss Industrial Output Grows the Least in 1-1/2 Year
Switzerland's industrial production increased 0.8 percent year-on-year in the first quarter of 2020, the least since the third quarter of 2018 and compared to a downwardly revised 1.4 percent rise in the previous three-month period. Output growth slowed for manufacturing (0.2 percent vs 0.5 percent in Q4 2019) and electricity supply (3.4 percent vs 10.7 percent). In addition, mining activity contracted at a sharp pace (-7.1 percent vs -1.8 percent). On a seasonally adjusted quarterly basis, industrial production rose 0.4 percent, after a revised 0.9 percent fall in the previous period.
2020-05-25
Swiss Factory Output Growth at Over 1-Year Low in Q4
Switzerland's industrial production increased 1.6 percent year-on-year in the fourth quarter of 2019, the least since the third quarter of 2018 and compared to a 7.9 percent surge in the previous three-month period. Output growth slowed for manufacturing (0.7 percent vs 7.1 percent in Q3), namely pharmaceuticals (9.2 percent vs 30.1 percent) and electricity supply (10.7 percent vs 15.5 percent). Also, mining activity decreased, though at a slower pace (-0.2 percent vs -2.6 percent). On a seasonally adjusted quarterly basis, industrial production shrank 0.7 percent, after a downwardly revised 0.4 percent increase in the previous period.
2020-02-20
Swiss Industrial Output Rises the Most in Over a Year
Switzerland's industrial production increased 8 percent year-on-year in the third quarter of 2019, by the most since the second quarter of 2018 and compared to a revised 4.4 percent expansion in the previous three-month period. Manufacturing output growth accelerated firmly (7.2 percent vs 5.2 percent), while electricity supply output rebounded sharply (15.4 percent vs -1.5 percent). At the same time, mining and quarrying output contracted at softer pace (-1.7 percent vs -3.2 percent). On a seasonally adjusted quarterly basis, industrial output rose 0.8 percent in the third quarter, following a 1.1 percent growth in the previous period.
2019-11-21

Switzerland Industrial Production
In Switzerland, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities.