Swiss Govt revises lower 2017 GDP forecast

The latest economic forecasts from Switzerland’s State Secretariat for Economic Affairs (SECO) showed downward revision to the country’s GDP forecast this year.

Key Details:

2017 GDP seen at 0.9% vs 1.4% previous forecast

2018 GDP 2% vs 1.9% prev

2017 inflation 0.5% as prev

2018 inflation 0.2% as prev