Switzerland CHF

Switzerland GDP Growth Rate QoQ

Impact:
High

Latest Release:

Date:
Actual:
0.2%
Forecast: 0.2%
Previous/Revision:
0.4%
Period: Q4
What Does It Measure?
The Gross Domestic Product (GDP) Growth Rate measures the rate at which a country's economy expands or contracts over a specified period, specifically indicating the health of Switzerland's economy. It focuses on total economic production, assessing the value of goods and services produced, and is a national indicator that helps gauge economic performance.
Frequency
The GDP Growth Rate is typically released quarterly, appearing as both preliminary estimates and final figures, with the preliminary data often published about 45 days after the quarter ends.
Why Do Traders Care?
Traders pay close attention to GDP growth rates because they provide crucial insights into economic performance, influencing investor confidence and market sentiment. A higher-than-expected GDP growth rate typically leads to a stronger Swiss Franc (CHF) and buoyed stock markets, while disappointing figures may trigger declines in these assets.
What Is It Derived From?
The GDP Growth Rate is calculated by the Swiss Federal Statistical Office using data collected from various sectors, including manufacturing, services, and construction, employing methods such as the production approach and expenditure approach to achieve a comprehensive economic overview. This calculation involves numerous datasets, including consumption patterns, investment levels, and trade balances.
Description
Preliminary reports serve as early insights based on initial estimates of economic activity, while final reports offer a more accurate review after comprehensive data revisions. The GDP Growth Rate is primarily analyzed on a quarter-over-quarter (QoQ) basis, allowing traders to understand short-term economic trends and identify seasonal effects.
Additional Notes
The GDP Growth Rate acts as a coincident economic measure, reflecting the current state of the economy, and it is often compared to indicators such as employment and inflation rates to assess overall economic health. Changes in GDP growth can have wider implications, affecting regional economic forecasts and shaping monetary policy discussions.
Bullish or Bearish for Currency and Stocks
Higher than expected: Bullish for CHF, Bullish for Stocks. Lower than expected: Bearish for CHF, Bearish for Stocks.

Legend

High Potential Impact
This event has a strong potential to move markets significantly. If the 'Actual' value differs enough from the forecast or if the 'Previous' value is significantly revised, it signals new information that markets may rapidly adjust to.

Medium Potential Impact
This event may cause moderate market movement, especially if the 'Actual' deviates from the forecast or there's a notable revision to the 'Previous' value.

Low Potential Impact
This event is unlikely to affect market pricing unless there's an unexpected surprise or a major revision to prior data.

Surprise - Currency May Strengthen
Actual deviated from Forecast on a medium or high impact event and historically could strengthen the currency.

Surprise - Currency May Weaken
Actual deviated from Forcast on a medium or high impact event and historically could weaken the currency.

Big Surprise - Currency More Likely To Strengthen
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely strengthen the currency.

Big Surprise - Currency More Likely To Weaken
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely weaken the currency

Green Number Better than forecast for the currency (or previous revise better)
Red Number Worse than forecast for the currency (or previous revise better)
Hawkish Supports higher interest rates to fight inflation, strengthening the currency but weighing on stocks.
Dovish Favors lower rates to boost growth, weakening the currency but lifting stocks.
Date Time Actual Forecast Previous Surprise
0.2%
0.2%
0.4%
0.4%
0.4%
0.6%
0.7%
0.5%
0.5%
0.2%
0.5%
0.3%
0.3%
0.2%
0.3%
0.1%
0.3%
0.2%
0.3%
0.1%
-0.1%
0.2%
0%
0.1%
0.3%
-0.1%
0.3%
0.1%
0%
0.2%
0%
0.1%
0.2%
-0.1%
0.2%
0.3%
0.1%
-0.1%
0.3%
0.4%
0.5%
-0.1%
0.5%
0.3%
0.2%
0.2%
0.3%
0.4%
1.9%
-0.1%
1.7%
2%
1.8%
-0.3%
1.8%
2%
-0.4%
-0.2%
-0.5%
-0.5%
0.3%
0.3%
0%
7.6%
0.3%
7.2%
5.9%
-7%
1.3%
-8.2%
-8.6%
-2.5%
0.4%
-2.6%
-2%
0.3%
-0.6%
0.3%
0.2%
0.4%
0.1%
0.4%
0.2%
0.3%
0.2%
0.3%
0.2%
0.4%
0.1%
0.6%
0.4%
0.3%
0.2%
0.2%
0.4%
-0.3%
-0.2%
-0.2%
0.4%
0.7%
-0.6%
0.7%
0.5%
1%
0.2%
0.6%
0.5%
0.6%
0.1%
0.6%
0.6%
0.7%
0.6%
0.5%
0.4%
0.1%
0.3%
0.5%
0.1%
-0.2%
0.3%
0.4%
0.2%
-0.1%
0.1%
0.5%
0.1%
-0.4%
0%
0.3%
0.6%
-0.3%
0.6%
0.4%
0.3%
0.2%
0.1%
0.2%
0.4%
-0.1%
0.4%
0.2%
-0.1%
0.2%
0%
0.2%
0.2%
-0.2%
0.2%
-0.1%
-0.2%
0.3%
-0.2%
-0.1%
0.5%
-0.1%