The Federal Government Expert Group on Business Cycles continues to expect Switzerland’s economic growth in 2024 to be considerably below average (GDP adjusted for sporting events: 1.2%, unchanged from previous forecast). As global economic conditions gradually improve, a moderate acceleration in growth is anticipated for 2025 (1.6%; June forecast: 1.7%).* Inflation is expected to continue to fall.
Economic forecast: Below-average growth, inflation lower than previously expected
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