Q3: Swiss GDP falls amid global slowdown, tariff shock

The Swiss economy has felt the full impact of the introduction of 39% US tariffs in August and the slowdown in the global economy. An initial estimate shows a contraction in gross domestic product (GDP) from July to the end of September. +Get the most important news from Switzerland in your inbox GDP shrank by 0.5% in the third quarter compared with the previous quarter, according to the State Secretariat for Economic Affairs (SECO), which published a seasonally adjusted estimate on Monday that is produced around 45 days after the end of a quarter. In the second quarter, the country posted growth of just 0.1% compared with the previous quarter and excluding the impact of sporting events, following growth of 0.7% between January and March. The Swiss economy therefore produced even less wealth than anticipated by economists consulted by the AWP news agency. They forecast growth of between -0.3% and 0.2% in the third quarter of 2025 compared with the previous quarter. "Weighed down by ... Full story here Are you the author? Previous post See more for 3.) Swissinfo Business and Economy Next post
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