Lower numbers than forecast tend to be bullish for xxx/CHF pairs and bearish for CHF/xxx pairs.
The most recent announced value for Gross Domestic Product (YoY) was 1.5% against a forecast of 1.6%.
Recent economic data has been strongly bearish for CHF. Other recent announcements which may affect the market's interpretation of the next Gross Domestic Product (YoY) result:
Previous | Latest | ||||
---|---|---|---|---|---|
Real Retail Sales (YoY) | Bearish change | 2.1% | 1.3% | ||
Gross Domestic Product (QoQ) | Bearish change | 0.4% | 0.2% | ||
ZEW Survey – Expectations | Bearish change | 17.7 | 3.4 | ||
Industrial Production (YoY) | Bearish change | 3.5% | 2.3% |
Country: | Switzerland |
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Currency: | CHF |
Source: | State Secretariat of Economic Affairs |
Category: | Economic Activity |
Frequency: | Quarterly |