FX.co ★ Swiss Industrial Output Growth at Near 4-Year High

In the first quarter of 2025, Switzerland's industrial production saw a robust year-on-year increase of 8.5%, up from a revised 2.1% growth in the prior quarter. This marks the fourth consecutive period of rising industrial output and the most significant acceleration since the second quarter of 2021. Notably, manufacturing output surged by 9.9%, compared to a 1.8% increase in the fourth quarter, while mining and quarrying activities grew by 4.8%, up from the previous 0.1%. Conversely, energy supply saw a decline, dropping by 6.3% after a 5.4% rise previously. On a seasonally adjusted quarterly basis, industrial activity jumped by 5.4% in the first quarter of 2025, recovering from a revised 0.7% decrease in the previous quarter.