Economics
Swiss Growth to Stay Below Average in 2016, Government Says
- Swiss National Bank rate decision due at 9:30 a.m. in Zurich
- Franc has appreciated roughly 10% vs euro since mid January
This article is for subscribers only.
Switzerland’s economic growth will stay below its potential this year and next, the government said.
Output will expand 0.9 percent in 2015 and 1.5 percent in 2016, the State Secretariat for Economic Affairs in Bern said on Thursday. Its previous prediction, issued in June, was for growth of 0.8 percent and 1.6 percent, respectively.