Industrial production in Switzerland declined 3.8 percent year-on-year in the last quarter of 2020, marking the 3rd consecutive quarterly decline due to the coronavirus crisis. Manufacturing was down 4.2 percent, namely textiles and apparel (-14.4 percent) and machinery and equipment (-14.8 percent). Also, mining fell 0.8 percent and electricity supply 0.6 percent. source: Swiss Federal Statistical Office
Industrial Production in Switzerland averaged 1.95 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 May of 2021.
Industrial Production in Switzerland is expected to be 2.50 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 3.20 percent in 2022, according to our econometric models.