Economy beats expectations

Switzerland’s economy has grown more strongly than expected at the start of the year.

Despite higher oil prices and ongoing trade tensions. New figures from the State Secretariat for Economic Affairs show the country’s GDP rose by 0.5% in the first quarter, beating analysts’ expectations.

Officials say both industry and the service sector contributed to the rebound, helped by easing tariff pressures. But economists warn uncertainty remains over whether the momentum can continue as energy prices stay high.

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