Fri, Apr 24, 2026 21:42 GMT
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    HomeLive CommentsSwiss GDP grew 7.2% qoq in Q3, still -2% below pre-crisis level

    Swiss GDP grew 7.2% qoq in Q3, still -2% below pre-crisis level

    ActionForex
    By ActionForex

    Swiss GDP grew 7.2% qoq in Q3, above expectation of 5.8% qoq. Still, output was -2% below pre-crisis level, after contracting by a total of -8.6% in the first half of the year.

    Looking at some details, private consumption bounded significantly by 11.9% following gradual easing of coronavirus restrictions. Investment in equipment rose 8.8% and investment in construction rose 5.1%. Final domestic demand posted 8.9% growth.

    Full release here.

    Also from Swiss, SVME PMI rose to 55.2 in NOvember, up from 52.3, well above expectatio nof 51.5.

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