Switzerland: Retail sales hit 11-month high
In November 2013, retail sales increased a seasonally and working-day adjusted 4.2% over the same month of the previous year. The print came in well above the 1.6% expansion observed […]
In November 2013, retail sales increased a seasonally and working-day adjusted 4.2% over the same month of the previous year. The print came in well above the 1.6% expansion observed […]
Consumer prices fell 0.2% over the previous month in December. The reading came in below both the flat reading observed in November and the 0.1% fall the market had expected. […]
At its latest monetary policy meeting scheduled for 12 December, the Swiss National Bank (SNB) decided to keep the three-month Libor target at the historically-low range of 0% to 0.25% […]
In October, retail sales increased a seasonally and working-day adjusted 1.2% over the same month last year. The print came in above the 1.0% expansion observed in September, but fell […]
Consumer prices remained unchanged over the previous month in November. The reading came in above both the 0.1% decrease observed in October and the 0.2% fall the market had expected. […]
The KOF economic barometer—a leading indicator for future GDP growth—jumped to 1.85 points in November, up from a revised 1.71 points in October (previously reported: 1.72 points). The reading represents […]
In the third quarter, GDP expanded a seasonally-adjusted 0.5% over the previous quarter, which mirrored the result in the second quarter. The figure overshot market expectations of economic growth of […]
The consumer confidence indicator published by the State Secretariat for Economic Affairs (SECO) rose from minus 9 points in the in the May-July period to minus 5 point in the […]
In September, retail sales increased a seasonally and working-day adjusted 1.0% over the same month last year. The print came in below the revised 2.5% expansion observed in August (previously […]
The inflation rate remains well under the Bank’s 2.0% target. Annual average variation in consumer prices has remained stable at the same minus 0.3% rate since August. Read more about […]