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Switzerland ups 2026 GDP growth forecast
SWITZERLAND: The Swiss government on Thursday upped its 2026 economic growth forecast to 1.7percent, citing an exceptionally high growth recorded in the second quarter of the year. Switzerland is traditionally one of Europe’s more resilient economies, with big sectors such as pharmaceuticals less affected by swings in global demand. “In particular, foreign trade is expected to contribute more strongly to this year’s growth than was anticipated in June,” the expert group at the State Secretariat for Economic Affairs (SECO) said in a statement. It still flagged the conflict in the Middle East an...
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