Industrial production in Switzerland fell by 5.1 percent year-on-year in the third quarter of 2020, following an upwardly revised 9.3 percent slump in the previous period. It was the second consecutive fall for the first time in 4 years, amid the coronavirus crisis. Declines were seen in manufacturing (-4.7 percent vs -9.6 percent) and electricity supply (-10.5 percent vs -5.9 percent) but rebounded in mining and quarrying (0.6 percent vs -5.9 percent). source: Swiss Federal Statistical Office
Industrial Production in Switzerland averaged 2 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 November of 2020.
Industrial Production in Switzerland is expected to be -2.80 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 5.10 percent in 2021 and 3.20 percent in 2022, according to our econometric models.