The bank Raiffeisen has cut its Swiss growth forecast for this year and next, blaming the ongoing war in the Middle East.
Economists at the cooperative now expect GDP to rise by just 0.8% in 2026 and 1.3% in 2027 - a tenth of a percentage point lower than its early-May figures.
Inflation has been revised the other way, with consumer prices now expected to climb 0.7% this year.
The bank says the Middle East conflict is squeezing global demand and slowing Europe's industrial recovery.
Employers and unions call on a no vote to 10 million
The country’s biggest employers and trade unions have joined forces against Sunday's population cap initiative, branding it the "chaos initiative".
Geneva prepares for border and road closures
Geneva is preparing for major road, border and lake closures as the G7 summit lands in Evian.
Airports warn of non-Schengen delays
Non-EU travellers arriving at Swiss airports are facing much longer immigration queues, as Europe's new biometric Entry/Exit System bites.
Police call for accident witnesses
Geneva police are appealing for witnesses after a driver hit a teenage girl on a zebra crossing and drove off.
Parliament says no to more Sunday opening
Shops will not be allowed to open on more Sundays after all.
Warnings population vote will hit healthcare
Voters go to the polls this Sunday to decide whether to cap the country's population below ten million people until 2050.
