The Swiss economy rebounded at a faster-than-expected pace at the start of the year on robust domestic demand, government data showed on Tuesday.
Gross domestic product grew 0.3 percent sequentially in the first quarter after stagnating in the fourth quarter of 2022, the State Secretariat for Economic Affairs, or SECO, reported. The rate also exceeded economists' forecast of 0.1 percent expansion.
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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.