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…
The Swiss government has raised its 2026 GDP growth forecast to 1.7 percent, citing strong second-quarter growth. The State Secretariat for Economic Affairs (SECO) expert group attributed this increase to a stronger-than-expected contribution from foreign trade. However, the group remains cautious, noting risks from the Middle East conflict and higher oil and gas prices.
The Swiss National Bank is scheduled to release its latest economic forecasts in September. The government maintains its 2027 inflation forecast at 0.6 percent, predicting it to remain steady in 2027.
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