Switzerland - Industrial Production

Switzerland: Industrial Production

Mnemonic	IP.ICHE
Unit	Index 2015=100, NSA
Adjustments	Not Seasonally Adjusted
	Quarterly	3.98 %
Data	2022 Q3	124.34
	2022 Q2	129.49

Series Information

Source	Swiss Federal Statistics Office (SFSO)
Release	Production, orders and turnover statistics of the secondary sector
Frequency	Quarterly
Start Date	3/31/1990
End Date	9/30/2022

Switzerland: Business

	Reference	Last	Previous	Units	Frequency
Change in Inventories	2022 Q3	-807.18	5,084	Mil. CHF, CDASA	Quarterly
Industrial Production	2022 Q3	124.34	129.49	Index 2015=100, NSA	Quarterly
Business Confidence	Aug 2022	86.5	90.5	Index 2010 to 2019=100, NSA	Monthly

Release Information

Description

For Switzerland, the industrial production index (IPI) measures change in deflated turnover or physical output (i.e., a volume index) by producer units (establishments).

Industrial turnover index

Classification: NACE Rev. 2
Measurement: Fixed-base index relative to 2015 (Index 2015=100)
Adjustment: Seasonally adjusted (SA)
Native frequency: Monthly
Start date: Uniformly 2010m10

Industrial production index, quarterly

Active:

Classification: NACE Rev. 2
Measurement: Fixed-base index relative to 2015 (Index 2015=100)
Adjustments:
- Seasonally adjusted (SA)
- Not seasonally adjusted (NSA)
Native frequency: Quarterly
Start date: Uniformly 2004Q1

Predecessors:

2010=100 - 1990 to 2018 ("_10")
1995=100 - 1990 to 2011 ("_95")

Industrial production index, monthly

Classification: NACE Rev. 2
Measurement: Fixed-base index relative to 2015 (Index 2015=100)
Adjustment: Seasonally adjusted (SA)
Native frequency: Monthly
Start date: Uniformly 2010m10

Methodology

The source classifies industrial activities by NACE-Rev.1 Activity coverage includes Mining and quarrying, manufacturing, and production and distribution of energy and water.

Geographic coverage includes the whole country.

Production is measured by deflated monetary values and by physical quantites. For manufacturing industries, 10% of production is measured by physical quantites and 90% by deflated turnover. For mining all information is expressed in physical quantities. In construction, hours worked are used.

Unit selection: Data collection is based on a sample drawn among establishments employing 5 persons or more.

Sample size: 7000 surveyed establishments. Approximately 4500 establishments of which are directly surveyed by the Swiss FSO. About 2500 establishments are surveyed indirectly through trade associations or administrative sources.

Data collection methods: Mail questionnaires.

The source requests answer from establishments until a sufficient number of ovservations are obtained.

Moody's Analytics supplements

For the IPI, quarterly, general index, we back-extend (1990 to 2003).