Friday, 6 June 2014

Output Growth Of Swiss Industrial Improves in Q1

In the first three months of the year the #Swiss Industrial production increased at a faster pace as shown by the provisional result from Federal Statistical Office on Friday.
In the first quarter industrial production increased 0.5 percent year-on-year followed by 0.3 percent rise in the previous quarter. At the same time , turnover gained 0.1 percent , offsetting a 0.1 percent fall a quarter ago.
Orders were risen 4.3 percent annually , reversing the drop of 0.5 percent drop in the previous quarter.

In march there was decline of the industrial production by 0.8 percent after easing 0.9 percent in February . Turn over declined 1.2 percent.
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