Industrial production in Switzerland increased 3.4 percent year-on-year in the first quarter of 2023, easing from a downwardly revised 5.9 percent rise in the previous three-month period. It marked the softest growth since the fourth quarter of 2020, as output continued to fall for electricity supply (-2.3 percent vs -10.4 percent in previous period) and mining & quarrying (-0.1 percent vs -1.5 percent). At the same time, production slowed for manufacturing (4 percent vs 7.7 percent). On a seasonally adjusted quarterly basis, industrial output went up 1.5 percent, accelerating from a 0.8 percent gain in the prior quarter. source: Swiss Federal Statistical Office
Industrial Production in Switzerland averaged 2.38 percent from 1991 until 2023, reaching an all time high of 16.10 percent in the second quarter of 2021 and a record low of -10.55 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 June of 2023.
Industrial Production in Switzerland is expected to be 3.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Switzerland Industrial Production is projected to trend around 2.70 percent in 2024 and 2.40 percent in 2025, according to our econometric models.