Country Economic Forecasts - Switzerland
The Swiss economy has expanded faster in recent years than previously estimated according to revised data from the Federal Statistical Office.
The economy also achieved a robust pace of growth in the first two quarters of 2018. Due to these upward revisions, we have increased our forecast for 2018 and now expect real GDP growth of 3% (up from 2.3% previously). However, we still think that fading global trade momentum and the significant risks facing the global economy will weigh on Swiss exports and investment activity in the coming quarters. Hence, we expect a moderate slowdown to 1.6% growth in 2019.