• +0.5% prev
  • yy 0.6% vs +1.7% vs 2.1% prev revised up from 2.0%

Not a good reading with the weakest quarterly reading in two years, dragged down by softer exports and falling construction spending.

Plenty for Thomas Jordan and the SNB to consider ahead of the Sept 18 meeting and that’s quite apart from current levels of EURCHF

USDCHF little changed at 0.9203. EURCHF 1.2075

Swiss GDP QQ table

Swiss GDP QQ table

Swiss GDP QQ

Swiss GDP QQ