Swiss SECO sees 2017 GDP at 1.0% vs. 0.9% previous

The Swiss government’s the State Secretariat for Economic Affairs (SECO), released its quarterly economic forecasts, with the key updates noted below.

Sees 2017 growth at 1.0 pct (previous forecast was 0.9 pct).

Sees 2017 inflation at 0.5 pct (previous forecast was 0.5 pct).

Sees 2018 growth at 2.3 pct (previous forecast was 2.0 pct).

Sees 2018 inflation at 0.3 pct (previous forecast was 0.2 pct).

Sees economic growth of 1.9 percent in 2019.