Press release

Production, orders and turnover statistics of the secondary sector in the 3rd quarter 2023 Secondary sector increases production in the 3rd quarter by 1.6%

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Secondary sector production in Switzerland declined by 0.6% in 4th quarter 2023

17.11.2023 - Secondary sector production rose by 1.6% in 3rd quarter 2023 in comparison with the same quarter a year earlier. Turnover rose by 4.0%. This is shown by provisional results from the Federal Statistical Office (FSO).

In comparison with the previous year industrial production grew in July by 2.0%, in August by 2.1%, and in September by 2.4%. For the whole of 3rd quarter 2023, production increased by 2.0% in comparison with the same quarter a year earlier.

Construction production declined by 0.7% in 3rd quarter 2023 in comparison with the same quarter a year earlier. Production declined by 8.6% in building, in contrast civil engineering registered an increase (+1.8%). Lastly, specialised construction activities registered an increase of 3.2% in their production.

Turnover

Industrial turnover in July rose by 4.9% in comparison with the previous year, and in August (+5.3%) and in September (+3.7%). For the whole of 3rd quarter 2023 in comparison with the same quarter a year earlier, turnover registered an increase of 4.5%.

Construction turnover rose by 1.6% in 3rd quarter 2023 in comparison with the same quarter a year earlier. Turnover fell by 7.4% in building, civil engineering registered an increase of 4.2%, and specialised construction activities an increase of 6.7%.

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Secondary sector increases production in the 3rd quarter by 1.6%
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Production, orders and turnover statistics of the secondary sector in the 3rd quarter 2023


 

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