Federal Statistical Office News

Germany Faces Economic Challenges as GDP Drops 0.2% in 2024

Germany's GDP saw a 0.2% decline in 2024, attributed to increased competition, high energy costs, and an uncertain economic outlook, according to Destatis.

Unexpected Growth: Swiss Retail Sales See a 0.3% Rise in November

Switzerland's retail sales saw a 0.3% increase in November, with adjusted figures showing a 0.8% rise year-over-year, below analysts' expectations. The sector's performance indicat...

Swiss Inflation Edges Up to 0.7% in November Amid Mixed Price Trends

Switzerland's annual inflation rate rose to 0.7% in November, up from 0.6% in October, according to the Federal Statistical Office. The monthly consumer price index (CPI) decreased...