The Swiss industry has given in the final quarter of 2018, again Gas. Both production and sales increased significantly. However, the construction is weak. Nevertheless, production and sales in the second sector from October to December increased.

The production climbed to 3.8 per cent and sales by 4.4 percent, as the Federal office for statistics (BFS) announced on Friday on the basis of provisional results.

in order for the Swiss industry and construction industry has regained pace after the third quarter, brake traces. From July to September, the total production of industry and construction had increased compared with the same quarter last year by only 1.1 percent. Sales, meanwhile, rose by 3.3 percent.

Thus, it no longer goes to the Dent from the summer quarter is on the up again, however, the momentum is as high as ever: In the second quarter, had increased production by 7.6 percent and sales by 8.3 percent. In the first quarter, production had climbed by as much as 8.1 percent and the sales of 8.8 percent.

industry

The acceleration in the final quarter alone, thanks to the industry. This increased the production by 5.1 per cent and sales by 5.9 per cent. However, December was weak. The production fell last month by 0.8 percent, while the sales came from the spot ( 0.4 percent).

In the construction sector, production shrank, meanwhile, in the fourth quarter compared to the same period in the prior year by 2.5 percent and sales by 1.9 percent. Both the High and civil engineering have suffered significant cutbacks. Not as strong as the rest of the construction industry suffered. This has accelerated the downturn in the construction industry. In the previous quarter, the production had decreased slightly, while sales rose slightly.

MEM industry is losing pace

A somewhat different picture signed in this week, the trade Association for the mechanical, electrical and metal industry, Swissmem. In the MEM industries quarter is in the circuit to detect an upward trend. Rather, the high growth momentum in the second half of the year, more and more momentum. In the fourth quarter, orders received were down by as much as 11 percent year-on-year, although revenues rose by only 5.7 percent.

As far as the production numbers have had an effect on the gross domestic product (GDP), it will show next week. On Thursday, the state Secretariat for economic Affairs (Seco) will Pay the first estimate for GDP in the fourth quarter to publish. In the third quarter, it had fallen to -0.2 percent quarter-on-quarter, surprisingly, negative. (ij/sda)

Created: 22.02.2019, 10:35 PM