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.
Industrial Production in Switzerland averaged 2.18 percent from 1991 until 2019, 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.
Industrial Production in Switzerland is expected to be 4.60 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 5.10 in 12 months time. In the long-term, the Switzerland Industrial Production is projected to trend around 2.90 percent in 2020, according to our econometric models.