Switzerland - Change in Inventories





Switzerland: Change in Inventories

Mnemonic CIVT.ICHE
Unit Mil. CHF, CDASA
Adjustments Calendar Adjusted and Seasonally Adjusted
Quarterly 7.01 %
Data 2020 Q3 -2,610
2020 Q2 -2,439

Series Information

Source State Secretariat for Economic Affairs (SECO) - Switzerland
Release Gross Domestic Product
Frequency Quarterly
Start Date 3/31/1980
End Date 9/30/2020

Switzerland: Business

Reference Last Previous Units Frequency
Change in Inventories 2020 Q3 -2,610 -2,439 Mil. CHF, CDASA Quarterly
Industrial Production 2020 Q3 104.58 105.07 Index 2015=100, NSA Quarterly
Business Confidence Aug 2018 100.3 101.68 Index 2007 to 2016=100, NSA Monthly

Release Information

For Switzerland, the expenditure and production approaches to gross domestic product (a.k.a. "use of GDP") from the quarterly national accounts. From 1980.

Active:

  • Framework: ESA 2010
  • Industry classification: NOGA 2008, modeled after NACE Rev. 2
  • Measurements:
    • Millions of Swiss francs at chained year-2015 prices (Mil. Ch. 2015 CHF)
    • At current prices
  • Adjustments:
    • Calendar day adjusted and seasonally adjusted (CDASA) 
    • Seasonally adjusted (SA)
    • Not seasonally adjusted (NSA)
  • Native frequency: Quarterly
  • Start dates:
    • 1980Q1 for GDP(E)
    • 1990Q1 for GDP(O)

Predecessors:

  • ESA 2010 at 2010 prices - 1980 to 2020
  • ESA 1995 at 2005 prices - 1980 to 2014
  • ESA 1995 at 1990 prices - 1980 to 2003

The source produces national accounts data in current prices (CHF) and in real terms, as well as seasonally adjusted and not seasonally adjusted. Real data in millions of chained 2015 CHF are published with implicit deflators. The source publishes GDP for multiple expenditure categories. 

The Swiss QNA are compiled by a so-called indirect estimation approach, based on temporal disaggregation techniques. Quarterly estimates are derived from the available annual data, using statistical methods and quarterly indicators. The accuracy of the preliminary annual estimates, obtained as the sum of the quarterly estimated values, depends to a large extent on the quality of the available and retained quarterly indicators. For seasonal and trading days adjustment, Swiss QNA currently relies on the X13-Arima-Seats method.

Switzerland aggregates GDP(E) to "domestic demand" and "total demand".

Further reading

At IMF (SDDS):