Growth rate downgraded by ministry

Economic growth in Switzerland will likely be lower for the rest of this year than previously forecast.

The Economics Ministry has downgraded its expectations due to the global uncertainty. 

It says growth will be more ‘timid’ for the rest of this year and into 2026.

It now expects a 1.3% growth rate, instead of the 1.4% previously forecast for this year and then a sharper slowdown for next year, to 1.2% - not the 1.6% it had originally predicted. 

More from Bitesize News

  • SVP calls for end to Ukrainian permit

    The right-wing Swiss People’s Party is calling for an end to the protected status of Ukrainians who fled the war and are living in Switzerland.

  • Brienz evacuated again

    The village of Brienz in Graubünden has been sealed off to its residents once again.

  • Geneva municpal police want more safety

    Geneva municipal police officers have launched a petition to give them more powers and the right to carry a sidearm and use blue lights on their vehicles.

  • SNCF warns of scam

    The French rail company, the SNCF, is warning of a scam – which is affecting its Swiss customers as well as its own in France.

  • Geneva aims to keep people cool

    This weekend is expected to be particularly hot again, with temperatures above 30 degrees.

  • Storms rip through central areas

    A major storm yesterday afternoon around Biel in canton Bern seriously injured one person, caused thousands of francs of damage, felled trees, and led to the cancellation of an outdoor music festival.

Download our app

  • Available on the App Store
  • Available on Google Play