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Country Economic Forecasts > Switzerland

  • April 2017
  • -
  • Oxford Economics
  • -
  • 13 pages

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Recent indicators have been in line with our view that there was a marked acceleration of the Swiss economy in Q1 2017. Business sentiment continues to improve, unemployment edged down in the first quarter and year-on-year retail sales volume growth has been positive in two of the last four months after a lengthy period of declines. We maintain our GDP growth forecasts for 2017 and 2018 at 1.6% and 1.8% respectively.

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