The Swiss economy expanded at a faster than expected pace in the third quarter following the gradual easing of the Covid-19 containment measures, the State Secretariat for Economic Affairs, or SECO, reported Tuesday.
Gross domestic product grew 7.2 percent sequentially, offsetting the 7 percent decrease logged in the second quarter. This was also faster than the 5.9 percent expansion expected by economists.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.