Switzerland Economic Surprise Index
-2.0 ▬ vs 1w ago (-2.0)
Switzerland economic data has been roughly in line with expectations. Over the past 90 days,
releases have been close to analyst estimates with no strong directional bias.
Current Score
-2.0
1 Week Ago
-2.0
Releases (90d)
49
Top Beats
5
Top Misses
5
Surprise Index — 3 Year Weekly Trend with SMI Overlay
G7 Comparison — Economic Surprise Index
▲ Top Positive Surprises
- Retail Sales MoM +1.43z
- Current Account +1.31z
- Balance of Trade +2.36z
- procure.ch Manufacturing PMI +1.18z
- GDP Growth Rate QoQ +2.31z
▼ Top Negative Surprises
- Unemployment Rate -2.15z
- Balance of Trade -1.63z
- Inflation Rate YoY -1.35z
- Producer Price Index MoM -1.53z
- Balance of Trade -0.61z
All Releases — 90 Day Window (49 events)
| Date | Event | Actual | Estimate | Surprise Z | Impact | Contribution |
|---|---|---|---|---|---|---|
| 2026-10-06 | Unemployment Rate | 3.0 | 2.8 | -2.145 | High | -99.03 |
| 2026-10-20 | Balance of Trade | 1.4 | 4.3 | -1.629 | Medium | -69.27 |
| 2026-10-01 | Retail Sales MoM | 0.4 | -0.1 | +1.429 | High | +58.77 |
| 2026-09-22 | Current Account | 23.7 | 10.8 | +1.314 | Medium | +29.26 |
| 2026-08-20 | Balance of Trade | 8.1 | 4.1 | +2.356 | Medium | +24.48 |
| 2026-09-01 | procure.ch Manufacturing PMI | 57.1 | 53.5 | +1.175 | High | +24.17 |
| 2026-08-14 | GDP Growth Rate QoQ | 1.5 | 0.5 | +2.310 | Medium | +20.89 |
| 2026-09-03 | Inflation Rate YoY | 0.8 | 0.5 | -1.348 | Medium | -19.36 |
| 2026-09-14 | Producer Price Index MoM | 0.7 | 0.1 | -1.535 | Low | -14.21 |
| 2026-09-17 | Balance of Trade | 5.6 | 7.5 | -0.612 | Medium | -12.14 |
| 2026-09-14 | Producer Price Index YoY | -0.7 | -1.3 | -1.024 | Low | -9.48 |
| 2026-10-01 | procure.ch Manufacturing PMI | 55.3 | 56.0 | -0.218 | High | -8.98 |
| 2026-09-03 | GDP Growth Rate YoY | 2.3 | 1.7 | +0.577 | Medium | +8.29 |
| 2026-08-06 | Unemployment Rate | 3.0 | 2.9 | -1.036 | Medium | -7.79 |
| 2026-09-03 | Gross Domestic Product QoQ | 1.9 | 1.5 | +0.359 | Medium | +5.15 |
| 2026-09-03 | CPI YoY | 0.8 | 0.5 | -0.675 | Low | -4.85 |
| 2026-10-01 | Retail Sales YoY | 3.2 | 2.2 | +0.114 | High | +4.70 |
| 2026-08-27 | Non Farm Payrolls | 5.698 | 5.55 | +0.685 | Low | +4.18 |
| 2026-08-03 | procure.ch Manufacturing PMI | 53.2 | 55.0 | -0.572 | Medium | -4.01 |
| 2026-09-01 | Retail Sales YoY | 2.3 | 1.3 | +0.193 | High | +3.98 |
| 2026-08-19 | Industrial Production YoY | 5.5 | -4.7 | +0.390 | Medium | +3.96 |
| 2026-09-01 | Retail Sales MoM | 0.1 | 0.3 | -0.191 | High | -3.92 |
| 2026-10-09 | Consumer Confidence | -36.0 | -31.0 | -0.094 | Medium | -3.10 |
| 2026-08-13 | Producer Price Index YoY | -2.1 | -1.6 | +0.693 | Low | +3.06 |
| 2026-08-13 | Producer & Import Prices MoM | -0.1 | 0.2 | +0.578 | Low | +2.55 |
| 2026-10-15 | Producer Price Index MoM | 0.3 | 0.5 | +0.102 | Low | +1.94 |
| 2026-08-13 | Producer Price Index MoM | -0.1 | 0.2 | +0.384 | Low | +1.70 |
| 2026-09-30 | Economic Sentiment Index | 2.6 | 13.0 | -0.087 | Low | -1.17 |
| 2026-08-07 | SECO Consumer Climate | -33.0 | -34.0 | +0.142 | Medium | +1.09 |
| 2026-07-31 | Retail Sales YoY | 1.5 | 3.2 | -0.134 | Medium | -0.87 |
| 2026-08-13 | Producer & Import Prices YoY | -2.1 | -1.6 | +0.182 | Low | +0.80 |
| 2026-07-31 | Retail Sales MoM | 0.2 | 1.0 | -0.229 | Low | -0.75 |
| 2026-09-29 | KOF Leading Indicators | 109.1 | 106.0 | +0.022 | Medium | +0.58 |
| 2026-09-03 | GDP Growth Rate QoQ | 1.5 | 1.6 | -0.072 | Low | -0.52 |
| 2026-07-29 | Economic Sentiment Index | 10.0 | -23.0 | +0.156 | Low | +0.49 |
| 2026-08-26 | Economic Sentiment Index | 12.1 | 8.0 | +0.056 | Low | +0.33 |
| 2026-08-28 | KOF Leading Indicators | 106.7 | 103.3 | +0.025 | Medium | +0.31 |
| 2026-09-11 | Consumer Confidence | -33.0 | -32.0 | -0.018 | Medium | -0.31 |
| 2026-08-07 | Consumer Confidence | -35.0 | -34.0 | -0.017 | Medium | -0.13 |
| 2026-07-30 | KOF Leading Indicators | 103.5 | 101.0 | +0.019 | Medium | +0.12 |
| 2026-08-03 | Inflation Rate MoM | -0.1 | -0.1 | -0.000 | Low | -0.00 |
| 2026-08-03 | CPI MoM | -0.1 | -0.1 | -0.000 | Medium | -0.00 |
| 2026-08-03 | Inflation Rate YoY | 0.4 | 0.4 | -0.000 | Medium | -0.00 |
| 2026-08-07 | Foreign Exchange Reserves | 768.26 | 760.0 | +0.000 | Low | +0.00 |
| 2026-09-07 | Foreign Exchange Reserves | 770.07 | 765.0 | +0.000 | Low | +0.00 |
| 2026-09-07 | Unemployment Rate | 3.0 | 3.0 | -0.000 | High | -0.00 |
| 2026-10-01 | Inflation Rate YoY | 1.0 | 1.0 | -0.000 | Medium | -0.00 |
| 2026-10-07 | Foreign Exchange Reserves | 770.47 | 777.0 | -0.000 | Low | -0.00 |
| 2026-10-15 | Producer Price Index YoY | -0.2 | -0.2 | -0.000 | Low | -0.00 |