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Swiss economy booming, global economic risks increasing

From seco.admin.ch

Economic forecasts by the Federal Government’s Expert Group – autumn 2018* - The Expert Group is significantly raising its forecast for GDP growth in 2018 from 2.4% to 2.9%. The favourable international economic development is stimulating foreign trade, and companies are investing heavily. The forecast for GDP growth in 2019 remains unchanged at robust 2.0%. However, the negative risks significantly outweigh the positives and threaten the global outlook. The Swiss economy is booming. GDP has risen rapidly over several quarters, employment is on the up and unemployment is falling. Industry has enjoyed particularly ... (full story)

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