Schweiz - BIP-Wachstum

Switzerland's GDP advanced 0.3 percent on quarter in the three months to June 2019, following a downwardly revised 0.4 percent expansion in the previous period and compared to market expectations of a 0.2 percent growth. Government spending slowed while fixed investment contracted, namely construction investment and spending in equipment and software; and net foreign demand contributed negatively to the GDP. Year-on-year, the economy grew by 0.2 percent in the June quarter, the weakest growth since a 0.4 percent contraction in the fourth quarter 2009, after a downwardly revised 1 percent expansion in the previous quarter and missing forecasts of a 0.9 percent advance.

The Swiss economy advanced 0.6 percent on quarter in the three months to March 2019, twice faster than an upwardly revised 0.3 percent growth in the previous quarter and beating market expectations of a 0.4 percent expansion. It was the second straight quarterly expansion, as household consumption growth accelerated and there was a rebound in both construction spending and investment in equipment and software. Also, net foreign demand contributed positively to the GDP growth. Year-on-year, the GDP grew by 1.7 percent in the first quarter, accelerating from an upwardly revised 1.5 expansion in the previous quarter and also beating market forecasts of a 1 percent advance.

The Swiss economy advanced 0.2 percent on quarter in the three months to December 2018, rebounding from an upwardly revised 0.3 percent contraction in the previous period but missing market expectations of a 0.4 percent expansion. Household consumption increased at a stronger pace and net foreign demand contributed positively to the GDP growth while fixed investment contracted. Year-on-year, the GDP advanced 1.4 percent in the fourth quarter, following a 2.4 growth in the previous period and also missing forecasts of 1.7 percent. Considering 2018 full year, the economy grew 2.5 percent, faster than 1 percent in 2017.