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.
Guilty of rape, jailed - then deported
It was rape — and a rape marked by cruelty.
US tarrifs cut - for now
New U.S. tariffs on Swiss imports have officially taken effect. But they maybe short lived.
School student accused of Twint theft
It’s thought a student at a Vaud High School has been cashing in.
Yet another scam to be careful of
Switzerland’s Federal Office for Cybersecurity is warning about a growing callback scam targeting bank and payment app users.
Injuries over Xmas soar
Candles, cooking and fireworks make the holidays festive, but also riskier, warns Swiss accident insurer SUVA.
American tourist rape trial in Geneva
In Geneva, rare CCTV footage was shown in court this week during a rape trial.
