Expensive watch exports are being hit by the strong franc and wider concerns about the geopolitical situation.
Monthly exports are up slightly – 3.1% at CHF 1.9bn. But that could be considered flat once inflation is taken into account. The number of physical pieces being sold is down.
In comparison, this time last year, sales were up nearly 12%.
Analysts say it shows a slow start to the year.
But it may just be a return to normality after 2023 was a record year for sales at over CHF 26bn.
Citizenship remains one of the hardest on continent
The Council of States has rejected a popular initiative that would have let foreigners apply for citizenship after just five years, closing the parliamentary door on the biggest attempt in years to loosen one of Europe's strictest naturalisation regimes
More gun crime in Annemasse
Seven people are in French police custody after a shooting Monday evening at a drug-dealing spot in Ville-la-Grand, on the edge of Annemasse
Geneva land ownership change
The canton of Geneva is set to become the sole owner of the land beneath Stade de Genève, buying out a parcel held by federal railways CFF for CHF 15.84 million
Agriculture warning after record breaking summer
Farmers warn that another summer like this one would eat through their remaining reserves and force cuts to herds and crops
SNB interest rate stable
The Swiss National Bank has kept its key interest rate at zero, sticking with a policy that has held since June 2025 even as oil-driven inflation ticks higher
Phone company going to court
A Swisscom technician who spent 38 years at the company says he was fired for helping his 80-year-old neighbour cancel a subscription she never wanted
