{"id":94291,"date":"2021-04-13T16:44:40","date_gmt":"2021-04-13T16:44:40","guid":{"rendered":"https:\/\/swissfederalism.ch\/attivita-economica-settimanale-svizzera-ai-livelli-pre-crisi\/"},"modified":"2021-05-26T12:39:27","modified_gmt":"2021-05-26T12:39:27","slug":"swiss-weekly-economic-activity-at-pre-crisis-levels","status":"publish","type":"post","link":"https:\/\/swissfederalism.ch\/en\/swiss-weekly-economic-activity-at-pre-crisis-levels\/","title":{"rendered":"Swiss weekly economic activity at pre-crisis levels"},"content":{"rendered":"<h1>Swiss weekly economic activity at pre-crisis levels<\/h1>\n<h3><em>At the beginning of March, the so-called AES index strongly recovered and temporarily exceeded the pre-pandemic values of the 12th week of 2020<\/em><\/h3>\n<p>The weekly economic activity index is completed in the Swiss Confederation with a comparison against the pre-crisis level in the fourth quarter of 2019.<br \/>\nThe results show that, after the strong increase last March, the pre-crisis level has been temporarily reached.<br \/>\nThe index of weekly economic activity (AES) measures real economic activity in Switzerland in a given week compared to the same week in the previous year.<\/p>\n<figure id=\"attachment_93968\" aria-describedby=\"caption-attachment-93968\" style=\"width: 840px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" class=\"wp-image-93968 size-large\" src=\"https:\/\/swissfederalism.ch\/wp-content\/uploads\/2021\/04\/Uno-scaffale-di-gomitoli-in-un-ordinato-negozio-1024x683.jpeg\" alt=\"Uno scaffale di gomitoli in un ordinato negozio\" width=\"840\" height=\"560\" srcset=\"https:\/\/swissfederalism.ch\/wp-content\/uploads\/2021\/04\/Uno-scaffale-di-gomitoli-in-un-ordinato-negozio-1024x683.jpeg 1024w, https:\/\/swissfederalism.ch\/wp-content\/uploads\/2021\/04\/Uno-scaffale-di-gomitoli-in-un-ordinato-negozio-300x200.jpeg 300w, https:\/\/swissfederalism.ch\/wp-content\/uploads\/2021\/04\/Uno-scaffale-di-gomitoli-in-un-ordinato-negozio-768x512.jpeg 768w, https:\/\/swissfederalism.ch\/wp-content\/uploads\/2021\/04\/Uno-scaffale-di-gomitoli-in-un-ordinato-negozio-1536x1024.jpeg 1536w, https:\/\/swissfederalism.ch\/wp-content\/uploads\/2021\/04\/Uno-scaffale-di-gomitoli-in-un-ordinato-negozio.jpeg 1920w\" sizes=\"(max-width: 840px) 100vw, 840px\" \/><figcaption id=\"caption-attachment-93968\" class=\"wp-caption-text\">A shelf of balls in a tidy store<\/figcaption><\/figure>\n<h3>In week 12 of 2020 the &#8220;was&#8221; sharp decline<\/h3>\n<p>In week 12 of 2020 economic activity in Switzerland had experienced a sharp and rapid decline due to the first lockdown.<br \/>\nAs a consequence the growth rates for the last weeks compared to the previous year are very high which complicates the interpretation.<\/p>\n<p><strong><a href=\"https:\/\/swissfederalism.ch\/wp-content\/uploads\/2021\/04\/Weekly-economic-activity-index-WEA.xls\">Weekly economic activity index, WEA<\/a><\/strong><br \/>\n<strong><a href=\"https:\/\/swissfederalism.ch\/wp-content\/uploads\/2021\/04\/Index-zur-wochentlichen-Wirtschaftsaktivitat-WWA.xls\">Index zur w\u00f6chentlichen Wirtschaftsaktivit\u00e4t, WWA<\/a><\/strong><\/p>\n<p>As a complement, SECO therefore also makes the AES index available in comparison with the level in the fourth quarter of 2019.<br \/>\nIn the 13th week of 2021, the AES is still about 1 percent below the pre-crisis level. Since the beginning of March, economic activity has recovered strongly and temporarily exceeded pre-crisis levels.<\/p>\n<figure id=\"attachment_93916\" aria-describedby=\"caption-attachment-93916\" style=\"width: 300px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"size-medium wp-image-93916\" src=\"https:\/\/swissfederalism.ch\/wp-content\/uploads\/2021\/04\/Svizzera-attivita-economica-rispetto-al-livello-pre-crisi-in--300x187.jpg\" alt=\"Svizzera, attivit\u00e0 economica rispetto al livello pre-crisi in %\" width=\"300\" height=\"187\" srcset=\"https:\/\/swissfederalism.ch\/wp-content\/uploads\/2021\/04\/Svizzera-attivita-economica-rispetto-al-livello-pre-crisi-in--300x187.jpg 300w, https:\/\/swissfederalism.ch\/wp-content\/uploads\/2021\/04\/Svizzera-attivita-economica-rispetto-al-livello-pre-crisi-in--1024x640.jpg 1024w, https:\/\/swissfederalism.ch\/wp-content\/uploads\/2021\/04\/Svizzera-attivita-economica-rispetto-al-livello-pre-crisi-in--768x480.jpg 768w, https:\/\/swissfederalism.ch\/wp-content\/uploads\/2021\/04\/Svizzera-attivita-economica-rispetto-al-livello-pre-crisi-in--1536x960.jpg 1536w, https:\/\/swissfederalism.ch\/wp-content\/uploads\/2021\/04\/Svizzera-attivita-economica-rispetto-al-livello-pre-crisi-in--2048x1280.jpg 2048w, https:\/\/swissfederalism.ch\/wp-content\/uploads\/2021\/04\/Svizzera-attivita-economica-rispetto-al-livello-pre-crisi-in--scaled.jpg 2560w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><figcaption id=\"caption-attachment-93916\" class=\"wp-caption-text\">Svizzera, attivit\u00e0 economica rispetto al livello pre-crisi in %<\/figcaption><\/figure>\n<figure id=\"attachment_93912\" aria-describedby=\"caption-attachment-93912\" style=\"width: 300px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"size-medium wp-image-93912\" src=\"https:\/\/swissfederalism.ch\/wp-content\/uploads\/2021\/04\/Suisse-ctivite-economique-par-rapport-au-niveau-davant-la-crise-en--300x187.jpg\" alt=\"Suisse, ctivit\u00e9 \u00e9conomique par rapport au niveau d'avant la crise en %\" width=\"300\" height=\"187\" srcset=\"https:\/\/swissfederalism.ch\/wp-content\/uploads\/2021\/04\/Suisse-ctivite-economique-par-rapport-au-niveau-davant-la-crise-en--300x187.jpg 300w, https:\/\/swissfederalism.ch\/wp-content\/uploads\/2021\/04\/Suisse-ctivite-economique-par-rapport-au-niveau-davant-la-crise-en--1024x640.jpg 1024w, https:\/\/swissfederalism.ch\/wp-content\/uploads\/2021\/04\/Suisse-ctivite-economique-par-rapport-au-niveau-davant-la-crise-en--768x480.jpg 768w, https:\/\/swissfederalism.ch\/wp-content\/uploads\/2021\/04\/Suisse-ctivite-economique-par-rapport-au-niveau-davant-la-crise-en--1536x960.jpg 1536w, https:\/\/swissfederalism.ch\/wp-content\/uploads\/2021\/04\/Suisse-ctivite-economique-par-rapport-au-niveau-davant-la-crise-en--2048x1280.jpg 2048w, https:\/\/swissfederalism.ch\/wp-content\/uploads\/2021\/04\/Suisse-ctivite-economique-par-rapport-au-niveau-davant-la-crise-en--scaled.jpg 2560w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><figcaption id=\"caption-attachment-93912\" class=\"wp-caption-text\">Suisse, ctivit\u00e9 \u00e9conomique par rapport au niveau d&#8217;avant la crise en %<\/figcaption><\/figure>\n<figure id=\"attachment_93908\" aria-describedby=\"caption-attachment-93908\" style=\"width: 300px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"size-medium wp-image-93908\" src=\"https:\/\/swissfederalism.ch\/wp-content\/uploads\/2021\/04\/Schweiz-Wirtschaftsaktivitat-relativ-zum-Vorkrisenniveau-in--300x187.jpg\" alt=\"Schweiz, Wirtschaftsaktivit\u00e4t relativ zum Vorkrisenniveau in %\" width=\"300\" height=\"187\" srcset=\"https:\/\/swissfederalism.ch\/wp-content\/uploads\/2021\/04\/Schweiz-Wirtschaftsaktivitat-relativ-zum-Vorkrisenniveau-in--300x187.jpg 300w, https:\/\/swissfederalism.ch\/wp-content\/uploads\/2021\/04\/Schweiz-Wirtschaftsaktivitat-relativ-zum-Vorkrisenniveau-in--1024x640.jpg 1024w, https:\/\/swissfederalism.ch\/wp-content\/uploads\/2021\/04\/Schweiz-Wirtschaftsaktivitat-relativ-zum-Vorkrisenniveau-in--768x480.jpg 768w, https:\/\/swissfederalism.ch\/wp-content\/uploads\/2021\/04\/Schweiz-Wirtschaftsaktivitat-relativ-zum-Vorkrisenniveau-in--1536x960.jpg 1536w, https:\/\/swissfederalism.ch\/wp-content\/uploads\/2021\/04\/Schweiz-Wirtschaftsaktivitat-relativ-zum-Vorkrisenniveau-in--2048x1280.jpg 2048w, https:\/\/swissfederalism.ch\/wp-content\/uploads\/2021\/04\/Schweiz-Wirtschaftsaktivitat-relativ-zum-Vorkrisenniveau-in--scaled.jpg 2560w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><figcaption id=\"caption-attachment-93908\" class=\"wp-caption-text\">Schweiz, Wirtschaftsaktivit\u00e4t relativ zum Vorkrisenniveau in %<\/figcaption><\/figure>\n<h3>The key is the reopening of retail trade.<\/h3>\n<p>This is likely due in part to recovery effects in private consumption. As retail trade has reopened, consumer spending has been able to recover in some segments.<\/p>\n<p><strong><a href=\"https:\/\/swissfederalism.ch\/wp-content\/uploads\/2021\/04\/Indice-de-lactivite-economique-hebdomadaire-AEH.xls\">Indice de l\u2019activit\u00e9 \u00e9conomique hebdomadaire (AEH)<\/a><\/strong><br \/>\n<strong><a href=\"https:\/\/swissfederalism.ch\/wp-content\/uploads\/2021\/04\/Indice-dellattivita-economica-settimanale-AES.xls\">Indice dell\u2019attivit\u00e0 economica settimanale AES<\/a><\/strong><\/p>\n<p>In March, positive signals also came from the industry, which has weakened slightly recently.<br \/>\nIn the last two weeks the AES has fallen considerably below the pre-crisis level.<\/p>\n<figure id=\"attachment_93964\" aria-describedby=\"caption-attachment-93964\" style=\"width: 840px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" class=\"wp-image-93964 size-large\" src=\"https:\/\/swissfederalism.ch\/wp-content\/uploads\/2021\/04\/Un-mercato-al-dettaglio-di-frutta-e-verdura-1024x683.jpeg\" alt=\"Un mercato al dettaglio di frutta e verdura\" width=\"840\" height=\"560\" srcset=\"https:\/\/swissfederalism.ch\/wp-content\/uploads\/2021\/04\/Un-mercato-al-dettaglio-di-frutta-e-verdura-1024x683.jpeg 1024w, https:\/\/swissfederalism.ch\/wp-content\/uploads\/2021\/04\/Un-mercato-al-dettaglio-di-frutta-e-verdura-300x200.jpeg 300w, https:\/\/swissfederalism.ch\/wp-content\/uploads\/2021\/04\/Un-mercato-al-dettaglio-di-frutta-e-verdura-768x512.jpeg 768w, https:\/\/swissfederalism.ch\/wp-content\/uploads\/2021\/04\/Un-mercato-al-dettaglio-di-frutta-e-verdura-1536x1024.jpeg 1536w, https:\/\/swissfederalism.ch\/wp-content\/uploads\/2021\/04\/Un-mercato-al-dettaglio-di-frutta-e-verdura.jpeg 1920w\" sizes=\"(max-width: 840px) 100vw, 840px\" \/><figcaption id=\"caption-attachment-93964\" class=\"wp-caption-text\">A retail fruit and vegetable market<\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>In early March, the so-called AES index recovered strongly and temporarily exceeded pre-pandemic values in week 12 of 2020<\/p>\n","protected":false},"author":2,"featured_media":93921,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[256,260,210,257],"tags":[263,581,261],"class_list":["post-94291","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-highlights","category-magazine","category-switzerland","tag-future","tag-income","tag-opportunities"],"_links":{"self":[{"href":"https:\/\/swissfederalism.ch\/en\/wp-json\/wp\/v2\/posts\/94291","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/swissfederalism.ch\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/swissfederalism.ch\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/swissfederalism.ch\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/swissfederalism.ch\/en\/wp-json\/wp\/v2\/comments?post=94291"}],"version-history":[{"count":2,"href":"https:\/\/swissfederalism.ch\/en\/wp-json\/wp\/v2\/posts\/94291\/revisions"}],"predecessor-version":[{"id":94293,"href":"https:\/\/swissfederalism.ch\/en\/wp-json\/wp\/v2\/posts\/94291\/revisions\/94293"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/swissfederalism.ch\/en\/wp-json\/wp\/v2\/media\/93921"}],"wp:attachment":[{"href":"https:\/\/swissfederalism.ch\/en\/wp-json\/wp\/v2\/media?parent=94291"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/swissfederalism.ch\/en\/wp-json\/wp\/v2\/categories?post=94291"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/swissfederalism.ch\/en\/wp-json\/wp\/v2\/tags?post=94291"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}