• Swiss industrial production rose sharply in the second quarter.

Market news

19 tháng 8 2021

Swiss industrial production rose sharply in the second quarter.

According to the provisional results from the Federal Statistical Office (FSO), secondary sector production rose by 14.2% in 2nd quarter 2021 in comparison with the same quarter a year earlier. Turnover rose by 15.5%. These sharp increases can largely be explained by the weak 2nd quarter of 2020, during which measures against the COVID-19 pandemic came into effect. This is shown by provisional results from the Federal Statistical Office (FSO).

Compared with the previous year, production in the industrial sector rose in April (+16.1%), in May (+17.4%) and in June (+13.1%). 

For the whole of 2nd quarter 2021 production increased by 15.7% in comparison with the same quarter a year earlier.

Construction production increased by 6.5% in 2nd quarter 2021 in comparison with the same quarter a year earlier. Production rose by 4.9% in building, civil engineering in contrast registered a decline (–2.1%). Lastly, specialised construction activities registered an increase of 8.8% in their production.

Turnover in the industrial sector rose in April (+18.5%), in May (+19.6%) and in June (+14.1%) compared with the previous year. For the whole of 2nd quarter 2021 in comparison with the same quarter a year earlier, turnover registered an increase of 17.4%.

Construction turnover rose by 8.1% in 2nd quarter 2021 in comparison with the same quarter a year earlier. Turnover rose by 7.5% in building, Civil engineering registered a decline of 1.0%, specialised construction activities an increase of 9.4%.

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