Swiss government raises 2019 GDP growth forecast to 1.2% from 1.1% previously

Author: Justin Low | Category: News

Latest economic forecasts released by SECO - 13 June 2019

  • 2020 GDP growth forecast 1.7% (unchanged)
  • 2019 inflation forecast 0.6% (previously 0.4%)
  • 2020 inflation forecast 0.6% (unchanged)
Those are some surprising revisions from SECO and it'll be interesting to see if they match up to the SNB's own projections - which are the more important - later on today. That said, they're not overly optimistic to begin with so I guess you can argue that even with the positive revisions here it doesn't change the region's struggling outlook all too much.
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