YoY Change in Quarterly GDP in Switzerland
Switzerland| Date | Value | ||
|---|---|---|---|
| Forecast | Actual | Deviation | |
| Date | Related Instruments Price Volatility | |||||
|---|---|---|---|---|---|---|
| 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | ||
Quarterly Gross Domestic Product (GDP) year-on-year (YoY) measures the total economic activity in Switzerland for a specific quarter compared to the same quarter of the previous year. This data is published quarterly by the Swiss Federal Statistical Office (FSO) and is crucial for assessing long-term economic growth trends.
The YoY GDP data helps determine whether the economy is growing or stagnating. An increase in GDP indicates economic expansion, potentially leading to higher corporate profits and increased employment. Conversely, a decrease in GDP suggests economic stagnation or contraction, which could result in lower corporate profits and reduced employment.
This data is a key reference for policymakers to evaluate the health of the economy and formulate appropriate monetary and fiscal policies. For example, if GDP shows significant growth, the central bank might consider raising interest rates to curb inflation risks. On the other hand, if GDP is declining, there may be a need to enhance economic stimulus measures. For businesses and investors, this data serves as an essential source of information for forecasting economic conditions and making investment decisions.
| Date | Value | Related Instruments Price Volatility | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Forecast | Actual | Deviation | 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | 60 min later | ||
