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Swiss Economy Fails To Gain Steam In Q3

Switzerland's economy expanded at a slower-than-expected pace in the third quarter as high inflation weighed on consumer spending, official data showed Tuesday.

The economy registered a sequential growth of 0.2 percent in the three months to September, following the second quarter's downwardly revised 0.1 percent rise, the State Secretariat for Economic Affairs, or SECO, in Bern reported.

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by Renju Jaya

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