Switzerland's economic growth accelerated in the first quarter on a notable rebound in exports to the US ahead of expected tariff hikes, official data revealed on Monday.
Gross domestic product expanded by an adjusted 0.8 percent sequentially after rising 0.6 percent in the fourth quarter of 2024, the State Secretariat for Economic Affairs, or SECO, reported.
On a yearly basis, economic growth improved to 2.2 percent from 1.3 percent a quarter ago.
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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.