Statement published by SECO a short while ago and hardly surprising

  • 2014 GDP +1.8% vs +2.0% prev
  • 2015 GDP +2.4% vs +2.6% prev
  • 2014 inflation +0.1% as prev
  • 2015 inflation +0.4% as prev

USDCHF currently 0.9431 EURCHF 1.2068

In light of the dampened short-term economic outlook for the Euro region including Germany the conditions deteriorated compared to the last forecasts in June

Although the economic projections for Switzerland are still quite appealing, the downside risks noticeably increased during the last few months

Full report from SECO here

SECO head Marie-Gabrielle Ineichen-Fleisch. A name that's a report in itself

SECO head Marie-Gabrielle Ineichen-Fleisch. A name that’s a report in itself