YoY Change in Quarterly Industrial Production 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 industrial production year-on-year (YoY) measures the production activity in Switzerland's mining and manufacturing sectors for a specific quarter compared to the same quarter in the previous year. This data is published quarterly by the Swiss Federal Statistical Office (FSO) and is crucial for evaluating long-term trends in the industrial sector.
The YoY data helps understand how industrial production activity has changed over a year. An increase in production indicates economic expansion and improved production capacity of companies. Conversely, a decrease in production suggests economic stagnation and reduced production activity.
This data serves as a key reference for policymakers to assess the health of the economy and formulate appropriate monetary and industrial policies. For example, if industrial production is increasing, the central bank might consider raising interest rates to curb inflation risks. On the other hand, if production is decreasing, there may be a need to enhance economic stimulus measures. For businesses and investors, this data provides essential insights for forecasting industrial trends and making informed economic and 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 | ||
