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.
Several injured in random knife attack
A man attacked several people with a knife yesterday afternoon in Zofingen in canton Aargau.
Push for Geneva to host song contest
Pressure is building to get canton Geneva to officially back the hosting of next year’s Eurovision Song Contest.
Govt says 'no' to song cash
As the potential cities vie for the right to host next years Eurovision Song Contest, the federal government have made it very clear – there will be no government money.
Unusual snowfalls on high passes
Despite being mid-May, the higher ground is getting a massive amount of snow.
Possible charge for Lauterbrunnen
The picturesque village of Lauterbrunnen in the Bernese Oberland is considering following the lead of Venice - and bringing in a daily charge for visitors.
Accident caused major disruption - man seriousy injured
Geneva rush hour traffic was severely disrupted yesterday afternoon after a 19-year-old scooter rider was hit by a tram in Rive.
