Switzerland - Industrial Production





Switzerland: Industrial Production

Mnemonic IP.ICHE
Unit Index 2015=100, NSA
Adjustments Not Seasonally Adjusted
Quarterly 5.6 %
Data 2023 Q4 133.8
2023 Q3 126.7

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 12/31/2023

Switzerland: Business

Reference Last Previous Units Frequency
Business Confidence Feb 2024 101.58 102.49 Index 2013 to 2022=100, NSA Monthly
Change in Inventories 2023 Q4 -2,210 -3,853 Mil. CHF, CDASA Quarterly
Industrial Production 2023 Q4 133.8 126.7 Index 2015=100, NSA Quarterly

Release Information

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

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).