Latest data released by the Federal Statistics Office - 3 March 2020

Latest data released by the Federal Statistics Office - 3 March 2020
  • Prior (Q3) +0.4%
  • GDP +1.5% vs +1.3% y/y expected
  • Prior (Q3) +1.1%

The figures are slightly better-than-expected but they hardly matter at this stage in time. Pre-virus economic data is very much secondary as the focus in the market has switched to the post-virus economy.