Tag Archive: Macroview

The Swiss economy is gaining momentum

2017-12-14

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2017-12-14

Swiss Real GDP Growth, 1990 - 2018
Swiss growth was disappointing at the end of 2016 and in the first half of 2017. Consequently, GDP growth this year is likely to be just 1.0% , its lowest level since 2012 . However, a wide set of statistics are already painting a considerably more positive picture of strengthening growth as we approach the end of 2017. Of particular note is the increasing contribution of manufacturing to real GDP growth.

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Euro Area Forecast to Grow 2.3percent in 2018

2017-12-13

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2017-12-13

Euro Area Real GDP Growth
2017 was the year of the ‘Euroboom’ and the removal of political tail risks. Moving into 2018, we mark-to-market strong economic data, including carryover and revisions. We forecast annual GDP growth of 2.3% both in 2017 and 2018. Qualitatively, our forecasts reflect our view that the euro area has reached ‘escape velocity’, with important implications for investors.

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Strong Swiss growth lessens chance SNB will act

2016-09-13

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2016-09-13

Swiss real GDP growth data surprised on the upside in Q2, expanding by 0.6% q-o-q (and 2.5% q-o-q annualised). In addition, growth in the three previous quarters was revised significantly higher. As a result, our GDP growth forecast for growth in Switzerland rises mechanically from 0.9% to 1.5% for 2016.

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