Swiss real GDP growth data surprised on the upside in Q2, expanding by 0.6% q-o-q (and 2.5% q-o-q annualised). In addition, growth in the three previous quarters was revised significantly higher. As a result, our GDP growth forecast for growth in Switzerland rises mechanically from 0.9% to 1.5% for 2016. GDP breakdown by expenditure component […]
Swiss GDP surprised on the upside in Q4, driven by robust consumption. Looking ahead, our scenario for the Swiss economy remains unchanged. For 2016, we expect Swiss GDP to expand by 1.1% and headline inflation to average -0.6%. The 0.4% q-o-q rise in the Q4 figure came after a downwardly revised Q3 figure of -0.1% q-o-q. For […]
According to Swiss Federal Statistical Office, consumer prices in Switzerland remained broadly stable at -1.3% y-o-y in January, in line with consensus expectations and thus marking the seventeenth consecutive month in negative territory. Core inflation (headline CPI excluding food, beverages, tobacco, seasonal products, energy and fuels) was stable at -0.9% y-o-y in January. The breakdown […]
The family company which started making knives for the Swiss army more than a century ago is now run by the great-grandson of the founder — having diversified from knives and cutlery into timepieces, travel gear, fashion and fragrances.
The co-founder and Chief Executive of Europe’s largest biotech company, which has pioneered a series of innovative drugs, says that Switzerland is to pharmaceuticals what Paris and Milan are to the fashion industry.
We believe the Swiss National Bank will remain pragmatic and wait to see if the franc rises markedly against the euro – which is far from sure – before reacting. Then, the answer may be to follow suit and also push rates into negative territory, or the SNB may choose to start purchasing foreign currencies once again. Both […]
Deep in the heart of alpine Switzerland, a family-owned engineering company makes small electric motors which are renowned all over the world for their technological innovation, quality and durability in even the most extreme conditions.
In an era when numbers have come to dominate the hospitality industry, a family-owned hotel high in the Alps offers outstanding personal service to guests who return year after year to enjoy its unique and peaceful location.
An iconic family business in the heart of Zürich, established in 1836 and now in the sixth generation of its management, is famous across the world for its delicious Luxemburgerli truffles, pralines, tarts and pastries.
The founder of the World Economic Forum says that Switzerland has retained its top place in the Global Competitiveness Index for the fifth year running as a result of the excellence of its economic and business performance, its human capital and the strength of its public institutions.