New data Gross Domestic Product YoY (Q4)
2/27/2025
actual 1.5, previous 1.9
This event is the Gross Domestic Product Year-on-Year (Q4) report for Switzerland, scheduled for February 27, 2025, at 08:00 (GMT). The Gross Domestic Product (GDP) is a key indicator of an economy's health and measures the total value of all goods and services produced within a country in a specific period.- Country: Switzerland (CH)
- Currency: Swiss Franc (CHF)
- Event: Gross Domestic Product YoY (Q4)
- Impact: Medium
- Previous: 1.9%
- Estimate: 1.6%
- Actual: 1.5%
- Change: -0.4%
- Change Percentage: -21.053%
In this report, the actual GDP growth rate of 1.5% for the fourth quarter is lower than both the previous value of 1.9% and the estimated value of 1.6%. This indicates a decrease in the pace of economic growth in Switzerland compared to the previous quarter. The negative change of -0.4% suggests a decline in economic performance. The market impact of this event is considered medium, meaning it could potentially influence the Swiss Franc and other related financial markets.
This is not investment advice. Remember to verify the information provided here.
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