Switzerland's economy is expected to grow less than previously estimated this year and next, as the economic prospects are hampered by a tense energy situation and sharp price increases, especially in Europe.
The expert group of the federal government forecast gross domestic product to grow 2.0 percent this year instead of the 2.6 percent growth estimated previously in June, the State Secretariat For Economic Affairs, or SECO, said Tuesday.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.