Swiss economy seen growing by 2.4% in 2018 in latest government forecasts

Latest forecasts released by SECO - 19 June 2018

  • Prior forecast 2.4%
  • 2019 economic growth 2.0%, prior forecast 2.0%
  • 2018 inflation seen at 1.0%, prior forecast 0.6%
  • 2019 inflation seen at 0.8%, prior forecast 0.7%

March forecasts can be found here. No changes to the growth estimates this time around but an upgrade to inflation expectations. Goes in tandem with the rising Swiss inflation data.

This should at least provide a good backdrop to what the SNB may view towards inflation later this week.

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