Switzerland Q2 GDP +0.7% vs +0.5% q/q expected

Author: Justin Low | Category: News

Latest data released by the State Secretariat for Economic Affairs - 6 September 2018

  • Prior +0.6%; revised to +1.0%
  • GDP +3.4% vs +2.4% y/y expected
  • Prior +2.2%; revised to +2.9%
ForexLive
That's a hefty beat on growth figures for the Swiss economy, with sizable revisions to boot. Certainly news that will keep Thomas Jordan and the SNB really happy as it allows them more flexibility when it comes to their policy decisions, but at the same time it will beg the question if the central bank needs to start moving before the ECB does.

Fastest annual pace growth since 2010

By continuing to browse our site you agree to our use of cookies, revised Privacy Notice and Terms of Service. More information about cookiesClose