Swiss Gross Domestic Product in the second quarter of 2021: domestic economy recovering from second COVID slump

Swiss Gross domestic product in the second quarter of 2021: domestic economy recovering from second COVID slump. Swiss GDP grew by 1.8 % after contracting 0.4 % in the first quarter.* Value added grew markedly in the service sector as a result of relaxed COVID measures. Private consumption recovered strongly. Industry also grew, although not as strongly as in previous quarters. In the second quarter, total GDP was only 0.5 % lower than the pre-crisis level seen in the fourth quarter of 2019. … More Swiss Gross Domestic Product in the second quarter of 2021: domestic economy recovering from second COVID slump

Switzerland proposes Geneva as headquarters for planned International Sustainability Standards Board (ISSB)

Switzerland proposes Geneva as headquarters for planned International Sustainability Standards Board (ISSB). Switzerland would like to provide the headquarters for the planned International Sustainability Standards Board (ISSB). On August 31, 2021, the Federal Department of Finance (FDF) submitted the associated candidature for the city of Geneva and informed the Federal Council. As a location for international organisations, Switzerland would be able to further consolidate its position as a relevant player for financial and economic sustainability. … More Switzerland proposes Geneva as headquarters for planned International Sustainability Standards Board (ISSB)

Swiss Consumer prices increaesd by 0.2 % in August 2021

Swiss Consumer prices increased by 0.2 % in August 2021. The consumer price index (CPI) increased by 0.2% in August 2021 compared with the previous month, reaching 101.3 points (December 2020 = 100). Inflation was +0.9% compared with the same month of the previous year. These are the results of the Federal Statistical Office (FSO) … More Swiss Consumer prices increaesd by 0.2 % in August 2021