Swiss Government Sees ‘Modest’ Growth, Warns of Short-Term Risks

  • SECO sees economic expansion at 1.4% in 2016, 1.8% in 2017
  • Consumer prices expected to fall 0.4% in ’16, rise 0.3% in ’17

Economic momentum in Switzerland is expected to pick up next year as the recovery in the neighboring euro area gains steam, the government said, confirming its last quarterly forecast.

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