Swiss Industrial Output Declines In Q2

(RTTNews) - Switzerland's industrial production declined in the second quarter, the Federal Statistical Office reported Thursday.

Industrial production fell 1.2 percent year-on-year, offsetting prior quarter's 1.2 percent increase. At the same time, industrial turnover decreased 2.3 percent after easing 1.7 percent in the first quarter.

In June, industrial production climbed 2.7 percent annually, in contrast to a 3.1 percent fall in May and 1.3 percent decrease in April.

In construction sector, production declined 4.1 percent on a yearly basis in the second quarter. Turnover also decreased by 4.1 percent.

Industrial production in the secondary sector decreased 1.6 percent and turnover fell by 2.6 percent.