Switzerland's economic growth in 2024 to be ‘considerably’ below average – SECO

Source Fxstreet

In its June economic forecasts, Switzerland’s State Secretariat for Economic Affairs (SECO) said that the “Swiss government continues to expect Switzerland's economic growth in 2024 to be considerably below average.”

Additional takeaways

Swiss government sees 2024 GDP (sport event adjusted) growth at +1.2% (previous forecast was +1.2%).

Swiss government sees 2025 GDP (sport event adjusted) growth at +1.6% (previous forecast was +1.7%).

Swiss government sees 2024 CPI at +1.2% (previous forecast was +1.4%).

Swiss government sees 2025 CPI at +0.7% (previous forecast was +1.1%).

Swiss government expects a moderate acceleration in growth for 2025, as global economic conditions gradually improve.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
GBP edges over 1.33 after BoE decision – ScotiabankThe BoE left policy on hold, as expected at today’s policy decision.
Author  FXStreet
7 hour ago
The BoE left policy on hold, as expected at today’s policy decision.
placeholder
BoE expected to keep interest rate unchanged at 5% as price pressures persistAfter a close call in August, the Bank of England’s (BoE) September interest rate decision is keenly awaited for fresh cues on the bank’s future policy action and the pace of its bond sales.
Author  FXStreet
8 hour ago
After a close call in August, the Bank of England’s (BoE) September interest rate decision is keenly awaited for fresh cues on the bank’s future policy action and the pace of its bond sales.
placeholder
Will Bitcoin Bullish Swing Continue? Top Analyst Says YesAn analyst has explained how Bitcoin will likely continue the latest bullish swing, at least in the short-term.
Author  NewsBTC
9 hour ago
An analyst has explained how Bitcoin will likely continue the latest bullish swing, at least in the short-term.
placeholder
FTSE 100 opens higher today; interest rate decision on the horizonInvesting.com – Today's main economic event in the United Kingdom is the interest rate decision from the Bank of England. The expectation is that the BoE keeps the rates unchanged. The second most important event is the inflation letter.
Author  Investing.com
9 hour ago
Investing.com – Today's main economic event in the United Kingdom is the interest rate decision from the Bank of England. The expectation is that the BoE keeps the rates unchanged. The second most important event is the inflation letter.
placeholder
GBP/USD: GBP to face significant resistance at 1.3300 – UOB GroupFurther Pound Sterling (GBP) GBP strength is not ruled out, but any advance is expected to face significant resistance at 1.3300, UOB Group Quek Ser Leang and Victor Yong note.
Author  FXStreet
9 hour ago
Further Pound Sterling (GBP) GBP strength is not ruled out, but any advance is expected to face significant resistance at 1.3300, UOB Group Quek Ser Leang and Victor Yong note.
Related Instrument
goTop
quote