Swiss GDP Growth Confirmed at 0.1% in Q2 âšī¸
Switzerland's Q2 2025 GDP grew marginally at 0.1%, with manufacturing and exports contracting while services showed modest expansion, and economic forecasts were downgraded due to potential US trade policy impacts.
Weak manufacturing performance, export decline, and downward GDP growth revisions signal potential economic challenges, particularly in industrial and pharmaceutical sectors. Modest service sector growth provides some economic resilience, but overall outlook appears constrained.
Swiss Business Confidence Weakens âšī¸
Switzerland's KOF Economic Barometer declined to 97.4 in August 2025, reflecting weakened manufacturing and hospitality sectors, primarily due to new US tariffs on Swiss goods.
Economic indicators suggest potential short-term challenges for Swiss markets, with manufacturing and export sectors experiencing pressure from US trade policies. The decline signals potential economic slowdown and reduced business confidence.
Swiss Investor Sentiment Plunges to Lowest Since 2022 âšī¸
Swiss investors' sentiment index dramatically dropped to -53.8 in August 2025, driven by new 39% US tariffs on Swiss exports, with significant negative implications for Switzerland's export momentum.
Substantial decline in investor sentiment indicates potential economic challenges, with US tariffs creating significant headwinds for Swiss exports. The sharp drop in export expectations suggests medium-term economic pressure that could ripple through global markets.
Swiss Non-Farm Payrolls Rise 0.6% in Q2 âšī¸
Switzerland's non-farm payrolls increased 0.6% year-on-year in Q2 2025, with services sector growing 0.9% while industrial sector declined 0.4%.
Moderate employment data suggests stable economic conditions with mixed sector performance, indicating neither significant expansion nor contraction.