Economists are downgrading their predictions for growth for this year and 2026.
The State Secretariat for Economic Affairs says a ‘general climate of uncertainty’ is limiting investment decisions. But it doesn’t believe there will be an escalation in the trade war.
It’s now predicting a growth rate of 1.4% this year – down point 1 percent and a similar fall for 2026 at 1.6%.
It also says it expects a significant slowdown in the United States, but a timid recovery in the EU.
Cable car crashes to the ground, killing a woman.
Dengue virus found in Basel
More vacant shops in Geneva
Men on trial for blackmailing suspected pedophile
Small exception for cross border student ban
Swiss 'sex map' shows Bern most experimental
