Global Economic News

SECO Slashes Swiss Growth Forecasts On Weak Domestic Demand

Switzerland's economy is set to expand this year and next at rates that are slower than expected earlier, mainly due to weak domestic demand, the State Secretariat for Economic Affairs showed on Tuesday.

Gross domestic product is forecast to grow 1.5 percent in 2019, which is less than the 2 percent expansion seen in September.

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by RTTNews Staff Writer

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