In 2023, 8.106 billion hours were worked in Switzerland, an increase of 1.8% compared with the previous year. Between 2018 and 2023, the actual weekly hours worked by full-time employees fell by 46 minutes on average, to 40 hours and 12 minutes.
Investment in the construction sector in Switzerland
Investment in construction rose by 0.2% in nominal terms in 2023 compared with the previous year. Investments in building construction fell by 0.3% and investments in civil engineering grew by 2.7%. Compared to the previous year, 2.5% less was invested in new construction projects and 4.4% more in renovation projects.
In 2023, 4.9 million cubic metres of timber were harvested in Switzerland, a decrease of almost 6% compared to the previous year. There was a noticeable decline in sawlogs and the harvests of industrial roundwood and chopped wood.
The improvement action plan drawn up by Switzerland in response to the recommendations of the experts mandated by Eurostat has now been published and details the measures that the participants in the Swiss statistical system intend to implement.
The Producer and Import Price Index remained unchanged in June 2024 compared with the previous month. Lower prices were observed for petroleum products in particular. Food products, on the other hand, became more expensive. Compared with June 2023, the price level of the whole range of domestic and imported products fell by 1.9%.
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With two consecutive increases in the mortgage reference rate in 2023 (June and December), there is growing interest in housing rents. On this page you can find all the latest information on this topic.
The improvement action plan drawn up by Switzerland in response to the recommendations of the experts mandated by Eurostat has now been published and details the measures that the participants in the Swiss statistical system intend to implement.