Switzerland's economy is projected to grow significantly below its average this year amid the challenging global environment, the State Secretariat for Economic Affairs said in its Spring Forecast.
The expert group of the SECO forecast the alpine economy to grow 1.1 percent this year. That was marginally bigger than the 1.0 percent expansion projected in December.
Although the 1.1 percent is below average, this will not drive the Swiss economy into a recession. The government assumed that there will be no energy shortages with widespread production outages in the coming winter.
For comments and feedback contact: editorial@rttnews.com
Economic News
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.