Swiss GDP q/q - ForexCracked
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Switzerland · Gdp

Swiss GDP q/q CHF

Medium impact Updated after every release
Next release Mon, Nov 30 08:00 UTC · consensus 1% · previous 1.9%  

What this release is

Swiss Gross Domestic Product, or GDP, measures the total value of all goods and services produced within Switzerland during a quarter. This economic indicator is published by the State Secretariat for Economic Affairs, SECO. It provides a broad overview of the health and growth trajectory of the Swiss economy.

Forex traders monitor Swiss GDP data closely because it serves as a primary gauge of economic performance. Stronger economic growth, as indicated by higher GDP readings, can influence the Swiss National Bank’s monetary policy decisions. The SNB considers economic conditions, including GDP trends, when setting interest rates, which in turn can affect the attractiveness and valuation of the Swiss Franc.

Market participants typically focus on the headline quarter over quarter growth rate. Revisions to previous quarters’ GDP figures are also observed, as they can provide additional context on economic trends. After past releases, the Swiss Franc has often shown a medium impact, reflecting the market’s digestion of this key economic health report.

How hard it hits, measured

41 releases · own feed
Typical USDCHF move
7pips / 1h
Median absolute move in the hour after the release
Big-release move
10pips / 1h
Top-quarter releases move at least this much
Largest measured
21pips
Biggest one-hour reaction in our archive
Direction reliability
n/a
Unlocks after 8 live-captured releases with consensus. Measured, never estimated
Pair5 min15 min1 hourBig release (1h)
USDCHF2.3p3.5p7.2p9.7p
AUDCHF1.9p3.7p6.3p10p
CADCHF1.3p2.6p3.7p7.5p
CHFJPY3.6p6.0p10p23p
EURCHF2.1p2.9p5.5p11p
GBPCHF2.9p7.0p9.7p17p
NZDCHF1.5p2.7p4.4p9.0p

How we measure: moves come from our own MT4 price feed and our archived minute bars, sampled 5, 15 and 60 minutes after each release against the pre-release price. No estimates, no third-party numbers. Releases where our feed had a gap are skipped, never guessed.

What usually happens

conditional history
Beat above consensus USDCHF closed the hour lower in 14 of 24 cases · median -2.3p n=24 live
Miss below consensus USDCHF closed the hour lower in 5 of 9 cases · median -1.9p n=9 live
In line within the surprise band Accumulating. Shows after 8 live-captured releases n=2 live

These are counts of what happened after past releases, conditional on the surprise direction. They are history, not a forecast, and never a trade recommendation. Sample sizes are shown because small samples mislead; rows stay locked until the sample is honest.

Release history

accumulates every release
DateActualForecastPreviousRevised toUSDCHF 1h
Sep 3, 20261.9%1.7%0.7%0.6%-7.5p
Jun 1, 20260.7%-0.2%0.1%0.2%+11p
Feb 27, 20260.1%-0.2%-0.5%-0.4%+1.8p
Nov 28, 2025-0.5%0.3%0.1%0.2%-4.1p
Aug 28, 20250.1%0.4%0.5%0.4%-5.4p
Jun 2, 20250.5%0.2%0.2%0.3%-21p
Feb 27, 20250.2%0.5%0.4%0.4%+7.3p
Nov 29, 20240.4%0.7%0.5%-1.9p
Sep 3, 20240.7%0.3%0.5%0.5%+14p
May 30, 20240.5%0.2%0.3%-10p
Feb 29, 20240.3%0.2%0.3%-8.7p
Dec 1, 20230.3%0%0%-0.1%-11p
Sep 4, 20230%-0.3%0.3%-0.9p
May 30, 20230.3%0.1%0%+12p
Feb 28, 20230%0.3%0.2%-14p
Nov 29, 20220.2%-0.2%0.3%0.1%+15p
Sep 5, 20220.3%-0.2%0.5%-1.9p
May 31, 20220.5%0.7%0.3%0.2%+7.2p
Feb 28, 20220.3%0.3%1.7%1.9%-7.3p
Nov 26, 20211.7%-1.5%1.8%-9.6p
Sep 2, 20211.8%1.1%-0.6%-0.4%+2.1p
Jun 1, 2021-0.6%-1.2%0.3%0.1%-2.9p
Feb 26, 20210.3%7.7%7.2%7.6%-1.9p
Dec 1, 20207.2%-8.7%-8.2%-7%-8.3p

Showing the latest 24 of 41 tracked releases.

Reaction = USDCHF move 60 minutes after the release, measured from our own price history. Story links appear for releases our news desk covered; every release gets a row here whether or not it gets a story. Values from before our live tracking began are the current figures in the official statistical series, so they include later revisions; live rows record the number as printed.

Market statistics, not financial advice. All reaction figures are measured from our own price feed under our published methodology.
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