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.
Jet fuel reserves lower than expected
Switzerland’s strategic kerosene reserves are running below legal requirements.
Court upholds e-ID vote, on a technicality
Switzerland’s top court has confirmed the result of last year’s vote on electronic identity, rejecting a series of legal challenges.
First Geneva citizens' meeting a success
A strong turnout marked the first citizen meeting held this week in Geneva.
Finally, a hotline number for domestic abuse victims
A hotline for victims of domestic abuse is finally going to be launched, after 15 years of delays.
Homeopathy will be covered by health insurance
Homeopathy will remain covered by the basic health insurance, after authorities decided not to reassess its status.
Biker ignored warning signs and crashed
There was a completely avoidable crash on the A1 autoroute near Geneva airport.
