Higher numbers than forecast tend to be bullish for CHF/xxx pairs and bearish for xxx/CHF pairs.
The most recent announced value for Gross Domestic Product (YoY) was 2% against a forecast of 1.5%.
Recent economic data has been moderately bullish for CHF. Other recent announcements which may affect the market's interpretation of the next Gross Domestic Product (YoY) result:
Previous | Latest | ||||
---|---|---|---|---|---|
Consumer Price Index (MoM) | Bullish change | 0% | 0.1% | ||
Consumer Price Index (YoY) | Bearish change | 0% | -0.1% | ||
Gross Domestic Product (QoQ) | Bullish change | 0.3% | 0.5% | ||
Real Retail Sales (YoY) | Bearish change | 2.2% | 1.3% | ||
ZEW Survey – Expectations | Bullish change | -51.6 | -22 |
Country: | Switzerland |
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Currency: | CHF |
Source: | State Secretariat of Economic Affairs |
Category: | Economic Activity |
Frequency: | Quarterly |