Both the Swiss government and the private KOF Swiss Economic Institute expect slower growth for the economy.
Switzerland's State Secretariat for Economic Affairs (SECO) Economic Growth Forecasts:
Factors Impacting Growth:
Slower global demand, particularly from Germany and China, is weighing on exports.Domestic demand expected to drive growth in 2024.Risks Ahead:
US trade policy, including tariffs under the incoming Trump administration, adds uncertainty.Broader international economic and trade policy remains unpredictable.KOF Swiss Economic Institute Forecast:
Expects growth of 1.4% in 2025 and 1.7% in 2026.Predicts weak foreign demand until mid-2025, with gradual improvement thereafter. This article was written by Eamonn Sheridan at www.forexlive.com.Hence then, the article about icymi switzerland has slashed economic growth forecasts was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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