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TABLE-Swiss Q1 industry orders down 5 pct yr/yr
May 28, 2015 / 7:47 AM / 2 years ago

TABLE-Swiss Q1 industry orders down 5 pct yr/yr

ZURICH, May 28 (Reuters) - Orders to the Swiss industry, an indicator of future industrial production, fell 5.0 percent in the first quarter, the Swiss Federal Statistics Office said on Thursday.

Industrial production -0.5 percent against the previous year, while orders on hand rose 0.1 percent.

KEY FIGURES

(percentage change year-on-year, excluding construction)

Q1 2015 Q4 2014

Industrial production

Pct change yr/yr -0.5 2.7

New orders

Pct change yr/yr -5.0 2.5

Orders on hand

Pct change yr/yr 0.1 6.8

Sales

Pct change yr/yr -1.6 1.8

KEY POINTS FROM THE STATISTICS OFFICE STATEMENT

* “Industrial production in the secondary sector [which includes construction] declined by 0.8 percent in 1st quarter 2015 in comparison with the same quarter a year earlier.”

* “These are some of the provisional results from the Federal Statistical Office.”

For more details from the Statistics Office statement in German, Eikon users can click on:

here

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BACKGROUND

For a story on Swiss economy click on... (Reporting by Zurich newsroom)

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