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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
SwitzerlandSwitzerland GDP Growth Rate YoY climbed to 2.3% in April 2026
FMPQuarterlyReleased September 2026
Switzerland GDP Growth Rate YoY climbed to 2.3% in April 2026, released September 2026, up 1.9% from March's 0.4% reading. The print exceeded the 1.7% consensus by 0.6%. The print is running well above the 12-month average of 1.03%. GDP Growth Rate YoY is now the highest in 45 months.
Latest Release
2.3
Actual
1.7
Consensus
0.4
Previous
Median Absolute Error
±0.23 percentage points
across last 12 releases
Last Call
Sep 2026
Predicted: 1.7
Actual: 2.3
Error: -0.6
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| USD/CHF | ▼ Inverse | −0.50 | FOREX | Moves against | → View |
| EUR/CHF | ▼ Inverse | −0.45 | FOREX | Moves against | → View |
| CHF/JPY | ▲ Direct | +0.40 | FOREX | Moves with | → View |
| XAU/USD | ▲ Direct | +0.35 | COMMODITIES | Moves with | → View |
| GBP/CHF | ▼ Inverse | −0.35 | FOREX | Moves against | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
GDP Growth Rate YoY (Switzerland) was reported at 2.3% in September 2026. This beat the market consensus of 1.7% by 0.6%. The reading rose from the previous value of 0.4%. Trailing 12-month context per ETL data through September 2026. This is classified as a medium-impact indicator released on a quarterly basis.
WHY IT MATTERS
The trailing three releases averaged 1.13%, down from the prior three at 1.33%.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with USD/CHF (Bullish CHF). A secondary relationship exists with EUR/CHF, negatively correlated (Bearish EUR). Over the last 12 releases, the Sigmacast model's median absolute error is 0.23%.
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Balance of Trade (Sep 17) and SECO Economic Forecasts (Sep 17).
Auto-generated from current model state · Refreshes on each release · Last update September 2026.
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GDP Growth Rate YoY - CH
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About GDP Growth Rate YoY — Switzerland
DEFINITION
The GDP Growth Rate YoY (Year-over-Year) is a key economic indicator that measures the annual change in a country's Gross Domestic Product (GDP). It provides insight into the overall health and performance of an economy, as a higher growth rate indicates a stronger and more robust economy. This indicator is closely monitored by policymakers, investors, and businesses to make informed decisions and assess the current and future economic outlook. A positive GDP Growth Rate YoY is generally seen as a positive sign of economic growth and stability, while a negative growth rate may indicate a slowdown or recession.
WHY THIS INDICATOR MATTERS
Aggregate growth figures anchor cyclical positioning across asset classes and inform fiscal and monetary policy debate. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released quarterly.
WHAT CHANGED THIS MONTH
Latest reading (Apr 2026): actual 2.8 %, consensus 1.7 %. Prior reading (Jan 2026): 0.3 %. Before that (Oct 2025): 0.8 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a materially higher reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with USD/CHF (Bullish CHF, r=-0.50) — a useful reference for forex-focused traders.
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Economic Calendar - CH Events
| Monday, September 14, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 06:30 | CH | Producer Price Index YoY | -0.7 | -2.1 | -1.3 | -1.00 | Low |
| 06:30 | CH | Producer Price Index MoM | 0.7 | -0.1 | 0.1 | 0.40 | Low |
| Thursday, September 17, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 06:00 | CH | Balance of Trade | 8.1 | 7.5 | 8.55 | Medium | |