Swiss Factory Output Up

Switzerland’s industrial production and turnover increased notably in the third quarter, the federal statistical office reported Friday, RTTNews reported. Industrial production grew 8.6% year-on-year in the third quarter and turnover advanced 7.5% from the previous year. Industrial output surged 13% after rising 6.5% in August. At the same time, industrial turnover moved up 10.8% in September and 5.8% in August. “In comparison with the previous year, industrial production grew in July by 7.3%, in August by 6.5%, and in September by 13.0%. For the whole of 3rd quarter 2017 production increased by 8.6% in comparison with the same quarter a year earlier.”