Despite the moderate growth in consumer spending, Switzerland's economy stagnated at the end of 2022 as the challenging global conditions curtailed exports and manufacturing output.
Gross domestic product logged a flat sequential growth in the fourth quarter after expanding 0.2 percent in the previous three months, the State Secretariat for Economic Affairs, or SECO, said Tuesday.
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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.