Latest data released by the Federal Statistics Office - 1 June 2021

Latest data released by the Federal Statistics Office - 1 June 2021
  • Prior +0.3%; revised to +0.1%
  • GDP -0.5% vs -0.2% y/y expected
  • Prior -1.6%

A softer report but not one that matters too much as it confirms a subdued quarter for the Swiss economy, though conditions could have been worse - much like the rest of Europe.