Industrial output in Switzerland advanced by 8.3 percent year-on-year in the third quarter of 2021, after a revised record 16.1 percent jump in the previous three-month period. It was the third consecutive quarter of growth in industrial activity, although at a softer pace, largely due to fading low-base effects. Output increased less for manufacturing (9.4 percent vs 17.3 percent in Q2), with most of activities growing much slower, except the manufacture of pharmaceutical products (6.4 percent vs -2 percent). In addition, production decreased for mining & quarrying (-0.6 percent vs 16.7 percent) and electricity supply (-3.2 percent vs 4.2 percent). On a seasonally adjusted quarterly basis, industrial production shrank 1.2 percent, after an upwardly revised 1.2 percent rise in the previous period. source: Swiss Federal Statistical Office
Industrial Production in Switzerland averaged 2.21 percent from 1991 until 2021, 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 December of 2021.
Industrial Production in Switzerland is expected to be 4.50 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 4.00 percent in 2022 and 3.60 percent in 2023, according to our econometric models.