US EditionSwitzerland Gross Domestic Product (QoQ) above forecasts (0.4%) in 1Q: Actual (0.5%)
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UBS economists have revised upwards their estimates for Swiss gross domestic product (GDP) growth for the current year. However, they are more pessimistic about next year due to the threat of US tariffs.
Swiss GDP grew by 0.8% on a quarterly basis, double its average quarterly long-term growth rate and its largest increase since the first quarter of 2023. But after the US rush on Swiss products before tariffs, uncertainty is gaining.
Swiss GDP grew 0.5% in Q1, pharma exports surge on tariff frontloading - Action Forex
Switzerland’s GDP expanded by 0.5% qoq in Q1, beating market expectations of 0.4% qoq. When adjusted for the impact of major sporting events, GDP growth came in even stronger at 0.8% qoq. The State Secretariat for Economic Affairs noted that the services sector posted broad-based gains and domestic demand remained firm, contributing to the overall […] The post Swiss GDP grew 0.5% in Q1, pharma exports surge on tariff frontloading appeared first …
Handelszeitung
watson.ch/The Swiss economy grew even more strongly in the first quarter of 2025 than initially expected.
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