Higher numbers than forecast tend to be bullish for CHF/xxx pairs and bearish for xxx/CHF pairs.
The most recent announced value for Industrial Production (YoY) was 7.3% against a forecast of -2.9%.
Recent economic data has been moderately bullish for CHF. Other recent announcements which may affect the market's interpretation of the next Industrial Production (YoY) result:
Previous | Latest | ||||
---|---|---|---|---|---|
Gross Domestic Product (QoQ) | Bullish change | 0.5% | 0.7% | ||
Gross Domestic Product (YoY) | Bullish change | 0.6% | 1.8% | ||
Consumer Price Index (MoM) | Bullish change | -0.2% | 0% | ||
Consumer Price Index (YoY) | Bearish change | 1.3% | 1.1% | ||
Real Retail Sales (YoY) | Bullish change | -2.6% | 2.7% | ||
ZEW Survey – Expectations | Bearish change | 9.4 | -3.4 |