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.

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Switzerland Industrial Production


Calendar GMT Actual Previous Consensus TEForecast
2021-08-19 06:30 AM Q2 15.7% 4.7% 10.5%
2021-11-18 07:30 AM Q3 8.3% 16.1% 9.1%
2022-02-18 07:30 AM Q4


Related Last Previous Unit Reference
Industrial Production 8.30 16.10 percent Sep/21
Manufacturing Production 9.40 17.30 percent Sep/21
Factory Orders 11.40 11.20 percent Mar/18
Bankruptcies 12912.00 13840.00 Companies and Individuals Dec/20
Car Registrations 14.98 19.53 Thousand Oct/21
Mining Production -0.60 16.70 percent Sep/21
Industrial Production Mom -1.20 1.20 percent Sep/21

News Stream
Swiss Industrial Output Growth Slows in Q3
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.
2021-11-18
Swiss Industrial Output Rises at Record Pace
Switzerland's industrial production growth accelerated to an all-time high of 15.7 percent year-on-year in the second quarter of 2021, from a revised 4.7 percent in the previous three-month period, reflecting the ongoing economic recovery and a low base year due to the coronavirus pandemic that hit activity during the same period of 2020. Manufacturing output expanded 16.8 percent (vs 5.5 percent in Q1), mainly led by sharp increases in the production of electronic products, watches and clocks; textiles and apparel; machinery and equipment; rubber and plastics products; and metal products. In addition, electricity supply rose 4.1 percent (vs 1.1 percent in Q1) and mining and quarrying advanced 13.9 percent (vs 17.3 percent in Q1).
2021-08-19
Switzerland Industrial Output Rebounds in Q1
Industrial output in Switzerland jumped 4.8 percent year-on-year in the first quarter of 2021, the first rise in a year and the strongest since the third quarter of 2019. Big gains result from low base effects from last year as first restrictions due to the coronavirus pandemic were introduced in March 2020. A rebound was seen for both mining (18.7 vs -1.6 percent in the previous period) and manufacturing (5.6 percent vs -2.2 percent) while construction was little changed.
2021-05-21

Switzerland Industrial Production
In Switzerland, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities.