Switzerland Economy & Switzerland Markets Data analytics
MacroVar monitors real-time economic, financial and geopolitical developments for the Switzerland economy and Switzerland markets by analyzing financial, economic data and real-time news using statistical models. To help you forecast and analyze economic and financial developments, our team provides you with explanations of the theory and structure of our models and access to financial and economic data.
Switzerland Overview
Switzerland Overview presents the current trends and dynamics of the major Switzerland financial markets and economic indicators. Select Details to get more information for each indicator, use Factors to monitor current statistical analysis of financial & economic factors affecting the specific asset, and select research to read the latest MacroVar research for the specific asset/indicator.
| Price | 1D% | M | T | B | Details | |||||||||
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| SMI | 12144.8 | 0.85 | -0 | 11.2 |  |
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| Switzerland 2-year bond yield | 0.76 | -2.93 | -0.24 | -39.95 | |
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| Switzerland 10-Year Bond Yield | 0.58 | -5.96 | -0.27 | -47.15 | |
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| Swiss Franc US Dollar (CHF/USD) | 0.9 | 0.01 | 0.01 | 3.45 | |
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| Manufacturing PMI | 43.9 | -5 | -5 | -2 | |
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| Price | 1D% | M | T | B | Details | |||||||||
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| SMI | 12144.8 | 0.85 | -0 | 11.2 | |
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| Switzerland ETF | 48.99 | 0.82 | -0.02 | 8.46 | |
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| Switzerland 2-year bond yield | 0.76 | -2.93 | -0.24 | -39.95 | |
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| Switzerland 10-Year Bond Yield | 0.58 | -5.96 | -0.27 | -47.15 | |
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| Switzerland Yield Curve | -0.18 | 8.54 | -0.21 | -53.65 | |
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| Swiss Franc US Dollar (CHF/USD) | 0.9 | 0.01 | 0.01 | 3.45 | |
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| Price | 1D% | M | T | B | Details | |||||||||
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| Manufacturing PMI | 43.9 | -5 | -5 | -2 | |
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| GDP Growth (annual) | 0.6 | 50 | 50 | -140 | |
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| Inflation CPI | 1.3 | -7 | -7 | -24 | |
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| Unemployment rate | 2.3 | 0 | 0 | 21 | |
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| Price | 1D% | M | T | B | Details | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SMI | 12144.8 | 0.85 | -0 | 11.2 | |
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| Switzerland 2-year bond yield | 0.76 | -2.93 | -0.24 | -39.95 | |
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| Switzerland 10-Year Bond Yield | 0.58 | -5.96 | -0.27 | -47.15 | |
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| Swiss Franc US Dollar (CHF/USD) | 0.9 | 0.01 | 0.01 | 3.45 | |
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Switzerland Market News
| Time | Headlines | |
|---|---|---|
| 2024-09-26 13:17 | SNB's Vice Chairman Schlegel: The rate at current level still gives SNB some room. | |
| 2024-09-26 13:17 | SNB's Vice Chairman Schlegel: Strong Franc is a challenge for some swiss firms. | |
| 2024-09-26 13:17 | SNB's Vice Chairman Schlegel: More easing looks likely, we are not pre-committing. | |
| 2024-09-26 13:17 | SNB's Vice Chairman Schlegel: We don't exclude any policy measures. | |
| 2024-09-26 13:17 | SNB's Vice Chairman Schlegel: The primary tool of the SNB will be interest rates, but forex interventions could be used if necessary. | |
| 2024-09-26 13:17 | SNB's Vice Chairman Schlegel: We are working on bank obligation to hold enough collateral. | |
| 2024-09-26 13:17 | Swiss National Bank Vice Chairman: Three interest cuts so far and not ruling out a further cut means we are in good shape. | |
| 2024-09-26 13:17 | SNB's Chairman Jordan: A further interest rate cut might be necessary to ensure price stability. | |
| 2024-09-26 13:17 | SNB's Chairman Jordan: I don't see deflation risk any time soon. | |
| 2024-09-26 13:17 | SNB's Chairman Jordan: The rise of the Swiss Franc was a major factor in the decline of Swiss inflation. | |
Switzerland Economic Overview
Switzerland economic overview presents a snapshot of Switzerland current economic conditions. You can find details for the Switzerland economy subsections by exploring the sections below.
| Indicator | Symbol | Actual | Previous | M/M% | Y/Y% | Trend | Slope |
|---|---|---|---|---|---|---|---|
| Manufacturing PMI | ch.manpmi | 43.5 | 43.9 | -1 | 13 | UP | UP |
Switzerland Manufacturing
MacroVar tracks hundreds of indicators related to Switzerland manufacturing. Our focus is on the most important leading indicators based on the ISM report and related indicators. The ISM report is the most important report reflecting the real demand of goods in the Switzerland economy.
| 1Indicator | Symbol | Actual | Previous | M/M% | Y/Y% | Trend | Slope |
|---|---|---|---|---|---|---|---|
| Manufacturing PMI | ch.manpmi | 43.5 | 43.9 | -1 | 13 | UP | UP |
| industrial production | ch.indproduction | 3.5 | 7 | -50 | 400 | UP | UP |
Switzerland consumer sentiment
Consumer spending makes up 67% of the U.S. Economy. MacroVar monitors direct consumer reports like the University of Michigan Consumer Sentiment Index and indirect macroeconomic indicators related to Switzerland employment and Switzerland consumer activity (building permits).
| Indicator | Symbol | Actual | Previous | M/M% | Y/Y% | Trend | Slope |
|---|---|---|---|---|---|---|---|
| consumer confidence | ch.consconfidence | -37.0 | -33.7s | 10 | -30 | UP | UP |
| unemployment rate | ch.unemploymentrate | 2.5 | 2.4s | 4 | 25 | UP | UP |
| retail sales | ch.retailsalesan | 2.2 | 2.7s | -19 | -179 | UP | UP |
| retail sales MoM | ch.retailsales | -0.5 | 0.1s | -600 | 0 | Down | Down |
| car registrations | ch.carregistrations | 18753.0 | 20155s | -7 | -8 | Down | Down |
Switzerland Construction
The Switzerland construction sector is a significant component of the Switzerland economy. MacroVar monitors leading indicators of construction activity like building permits and new home sales.
| Indicator | Symbol | Actual | Previous | M/M% | Y/Y% | Trend | Slope |
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Switzerland Macroeconomic outlook
Switzerland Macroeconomic outlook presents an overview of the long-term fundamental coincident factors of the Switzerland economy. Components monitored are the country's rserves, debt, Monetary Policy and Fiscal Policy. Explore Switzerland macroeconomic model in detail.
| Indicator | Symbol | Actual | Previous | M/M% | Y/Y% | Trend | Slope |
|---|---|---|---|---|---|---|---|
| gdp | ch.gdp | 884.94 | 807.71 | 10 | 26 | UP | UP |
| Real GDP | ch.realgdp | 195543.1 | 194176 | 1 | 7 | UP | UP |
| gdp growth annual | ch.gdpgrowthan | 1.8 | 0.6 | 200 | 500 | Down | UP |
| gdp growth | ch.gdpgrowth | 0.7 | 0.5 | 40 | -61 | UP | Down |
| inflation cpi | ch.inflationcpi | 0.6 | 0.8 | -25 | -65 | Down | Down |
| interest rate | ch.interestrate | 1.25 | 1.5 | -17 | -29 | Down | Down |
| unemployment rate | ch.unemploymentrate | 2.5 | 2.4 | 4 | 25 | UP | UP |
| government debt | ch.govdebt | 208646.0 | 204863 | 2 | 0 | Down | UP |
| external debt | ch.externaldebt | 1982906.08 | 2019020 | -2 | -7 | Down | Down |
| government debt to gdp | ch.govdebtgdp | 38.3 | 37.7 | 2 | -11 | Down | Down |
| current account | ch.currentaccount | 19788.76 | 10280.5 | 92 | 78 | UP | UP |
| current account to gdp | ch.currentaccountgdp | 7.6 | 9.9 | -23 | -4 | Down | Down |
| exports | ch.exports | 22807.02 | 23372.1 | -2 | 3 | UP | UP |
| imports | ch.imports | 18678.58 | 19462.6 | -4 | 4 | Down | UP |
| foreign exchange reserves | ch.fxreserves | 718829.0 | 715699 | 0 | 9 | UP | UP |
| gold reserves | ch.goldres | 1040.0 | 1040 | 0 | 0 | Down | Down |
| government revenues | ch.govrev | 252844.0 | 251803 | 0 | 27 | UP | UP |
| fiscal expenditure | ch.fiscalexp | 248469.0 | 245008 | 1 | 26 | UP | UP |
Switzerland Inflation
MacroVar monitors major inflation indexes and subcompoonents based on Bureau of Labour Statistics monthly report.
| Indicator | Symbol | Actual | Previous | M/M% | Y/Y% | Trend |
|---|---|---|---|---|---|---|
| inflation cpi | ch.inflationcpi | 0.6 | 0.8 | -25 | -65 |  |
| core inflation rate | ch.coreinflationrate | 0.8 | 1 | -20 | -47 |  |
| Produce Prices YoY | ch.producerpricesch | -1.8 | -1.3 | 38 | 100 |  |
Switzerland Employment
MacroVar monitors leading indicators (ISM/NMI employment activity), coincident (Initial & Continuing jobless claims) and lagging indicators of Switzerland employment. Switzerland employment is one of the major factors affecting Switzerland monetary policy.
| Indicator | Symbol | Actual | Previous | M/M% | Y/Y% | Trend | Slope |
|---|---|---|---|---|---|---|---|
| unemployment rate | ch.unemploymentrate | 2.5 | 2.4 | 4 | 25 | UP | UP |
Switzerland Monetary Policy
Switzerland Monetary policy is monitored by tracking the most important indicators related to the Fed's balance sheet and interest rates.
| Indicator | Symbol | Actual | Previous | M/M% | Y/Y% | Trend | Slope |
|---|---|---|---|---|---|---|---|
| interest rate | ch.interestrate | 1.25 | 1.5 | -17 | -29 | Down | Down |
| central bank balance sheet | ch.cb.assets | 833741.1 | 805691 | 3 | 1 | UP | UP |
| banks balance sheet | ch.banks.bs | 2329009.1 | 2303630 | 1 | 3 | UP | UP |
| money supply m1 | ch.msm1 | 611245.0 | 600999 | 2 | -4 | UP | Down |
| money supply m2 | ch.msm2 | 938286.0 | 928545 | 1 | -0 | UP | Down |
| government debt to gdp | ch.govdebtgdp | 38.3 | 37.7 | 2 | -11 | Down | Down |
| loans to private sector | ch.loanprivate | 1746313.0 | 1746440 | -0 | 1 | UP | UP |
| Switzerland Credit Rating (S&P) | RATING.S&P.SW | ||||||
| Switzerland Credit Rating (Moody's) | RATING.MOODYS.SW | ||||||
| Switzerland Credit Rating (Fitch) | RATING.FITCH.CH |
Switzerland Fiscal Policy
Switzerland Fiscal policy is monitored by tracking the most important indicators related to the Treasury's decisions on government spending, revenues and budget surplus/deficit.
| Indicator | Symbol | Actual | Previous | M/M% | Y/Y% | Trend | Slope |
|---|---|---|---|---|---|---|---|
| government revenues | ch.govrev | 252844.0 | 251803 | 0 | 27 | UP | UP |
| fiscal expenditure | ch.fiscalexp | 248469.0 | 245008 | 1 | 26 | UP | UP |
| government budget | ch.govbudget | 0.5 | 1.2 | -58 | -29 | UP | Down |
| Government budget | ch.govbudgetvalue | 4375.0 | 6795 | -36 | 113 | UP | UP |
| government debt | ch.govdebt | 208646.0 | 204863 | 2 | 0 | Down | UP |
| government debt to gdp | ch.govdebtgdp | 38.3 | 37.7 | 2 | -11 | Down | Down |
Switzerland Trade
Switzerland trade activity is monitored by tracking Trade and Capital flows.
| Indicator | Symbol | Actual | Previous | M/M% | Y/Y% | Trend | Slope |
|---|---|---|---|---|---|---|---|
| current account | ch.currentaccount | 19788.76 | 10280.5 | 92 | 78 | UP | UP |
| current account to gdp | ch.currentaccountgdp | 7.6 | 9.9 | -23 | -4 | Down | Down |
| balance of trade | ch.balanceoftrade | 4128.45 | 3909.55 | 6 | -2 | UP | Down |
| imports | ch.imports | 18678.58 | 19462.6 | -4 | 4 | Down | UP |
| exports | ch.exports | 22807.02 | 23372.1 | -2 | 3 | UP | UP |
| capital flows | ch.capitalflows | 30948.16 | 13230.5 | 134 | 162 | UP | UP |
| foreign direct investment | ch.fdi | 1055435.3 | 1120440 | -6 | 84 | UP | UP |
| external debt | ch.externaldebt | 1982906.08 | 2019020 | -2 | -7 | Down | Down |
| foreign exchange reserves | ch.fxreserves | 718829.0 | 715699 | 0 | 9 | UP | UP |
| gold reserves | ch.goldres | 1040.0 | 1040 | 0 | 0 | Down | Down |