Switzerland's industrial output contracted slightly in the second quarter, provisional data from the Federal Statistical Office showed on Monday.
Industrial production dropped 0.1 percent year-over-year in the June quarter, reversing its 8.9 percent growth in the first quarter.
The output produced in the manufacturing sector was 0.7 percent higher compared to last year but much slower than the 10.3 percent growth in the previous quarter. Similarly, the annual growth in the mining and quarrying output eased to 1.3 percent from 4.5 percent. Energy production also increased at a slower pace of 0.8 percent.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.