Switzerland - Industrial Production

For Switzerland, the industrial production index (IPI) measures change in deflated turnover or physical output (i.e., a volume index) by producer units (establishments). Monthly turnover and IPI from 2010, quarterly IPI from 2004.

Industrial turnover and production indexes, monthly

Active:

• Classification: NACE Rev. 2
• Measurement: Fixed-base index relative to 2021 (Index 2021=100)
• Adjustment: Seasonally adjusted (SA)
• Native frequency: Monthly
• Start date: Uniformly 2010m10

Predecessors:

• 2015=100 - 2010m10 to 2024m3 ("_15")

Industrial production index, quarterly

Active:

• Classification: NACE Rev. 2
• Measurement: Fixed-base index relative to 2021 (Index 2021=100)
• Adjustments:
  • Seasonally adjusted (SA)
  • Not seasonally adjusted (NSA)
• Native frequency: Quarterly
• Start date: Uniformly 2004Q1

Predecessors:

• 2015=100 - 1990Q1 to 2024Q1 ("_15")
• 2010=100 - 1990Q1 to 2018Q1 ("_10")
• 1995=100 - 1990Q1 to 2011Q1 ("_95")

Global concept aliaes:

• IP.ICHE

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).

Further reading

At the source:

• Industrie, Dienstleistungen (German)
• Industry and services (English)
• Production, orders, turnover (English)
• Production, orders and turnover statistics of the secondary sector in the 4th quarter 2021 (Feb 2022)

At Eurostat:

• Industrial production (volume) index overview

At IMF (SDDS Plus):

• Production index (Jan 2024)

• Sep 2005 - Initial version.
• Jan 2014 - Rebased to 2010.
• Aug 2018 - Rebased to 2015.
• Apr 2022 - Republish SA variant verbatim.
• 4 Sep 2024, Phillip Thorne - Rebased to 2021: Properties, Further reading.