English Summary: Most experts and analysts cited in the media expected that the fast-paced appreciation of the CHF in January 2015 would push the Swiss economy into a recession. However, the results of our comprehensive analysis on the Swiss economy published in three parts in January 2015, too, came to the conclusion that the Swiss economy will not suffer too much under the higher value of the CHF. The statistics on gross domestic product have confirmed that (see also here, here and most recently here). The weakness of the Swiss economy has rather domestic reasons as we have scrutinised and explained. On the 9th June, the State Secretariat For Economic Affairs (SECO) of Switzerland has published the data on the labour market in May 2016. We calculate on the basis of the labour data every month the economic activity indicator developed by Claus Köhler, former member of the German Council of Economic Experts and give an estimate on the business cycle in Switzerland.
Die Konjunktur in der Schweiz war im Juni weiter…Konjunktur, Schweiz: Die Spannungszahl Juni 2016 und eine Einschätzung der Konjunktur in der Schweiz – diesmal unter besonderer Berücksichtigung des Brexit (vollständiger Beitrag im Abonnement)
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