Friday, June 22, 2007

Swiss 2007 GDP forecast raised to 2.3 pct from 2.0; 2008 GDP at 1.9 pct

Jun 22, 2007 - Switzerland's GDP is now expected to grow by 2.3 pct in 2007, up from earlier forecasts of 2.0 pct, the Swiss state secretariat for economic affairs (SECO) said.

SECO also raised its GDP growth forecast for 2008 to 1.9 pct from 1.7 pct.

The government body said it expects the 'robust and broadly underpinned' upturn in the economy to continue without overheating, though increased risks to price stability could now emerge

No comments:

Google