Latest data released by the Federal Statistics Office - 23 May 2019
- Prior +5.1%; revised to +4.3%
- Industry & construction output WDA +3.7% y/y
- Prior +3.8%; revised to +3.1%
A surprising uptick in factory activity in the Swiss economy during Q1, but it's not a release that matters as the economy relies much more heavily on its services sector instead. Still, reckon the SNB won't be complaining about the little positive bits in the economy at least.