Production, orders and turnover statistics of the secondary sector in the 3rd quarter 2022 Secondary sector production in Switzerland rose in 3rd quarter 2022 by 3.4%
Secondary sector production in Switzerland declined by 0.6% in 4th quarter 2023
18.11.2022 - Secondary sector production rose by 3.4% in 3rd quarter 2022 in comparison with the same quarter a year earlier. Turnover grew by 7.6%, with more than half of this increase due to price increases. This growth has been uninterrupted since 1st quarter 2021. This is shown by provisional results from the Federal Statistical Office (FSO).
In comparison with the previous year industrial production grew in July by 0.1%, in August by 5.2%, and in September by 11.4%. For the whole of 3rd quarter 2022 production increased by 5.2% in comparison with the same quarter a year earlier.
Construction production declined by 6.5% in 3rd quarter 2022 in comparison with the same quarter a year earlier. Production declined by 5.9% in building, civil engineering also registered a decline (–13.7%). Lastly, specialised construction activities registered a decline of 5.7% in their production.
Turnover rose in industry but fell in construction
Industrial turnover in July rose by 4.8% in comparison with the previous year, and in August (+9.6%) and in September (+14.8%). For the whole of 3rd quarter 2022 in comparison with the same quarter a year earlier, turnover registered an increase of 9.5%.
Construction turnover fell by 0.2% in 3rd quarter 2022 in comparison with the same quarter a year earlier. Turnover rose by 0.4% in building, Civil engineering registered a decline of 9.5%, specialised construction activities an increase of 0.6%.
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Secondary sector production in Switzerland rose in 3rd quarter 2022 by 3.4%
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