Swiss government lowers inflation forecast for this year

  • Switzerland releases its latest economic projections for 2024 and 2025
  • 2024 CPI forecast seen at 1.5% (previously 1.9%)
  • 2025 CPI forecast seen at 1.1% (unchanged)
  • 2024 GDP growth forecast seen at 1.1% (unchanged)
  • 2025 GDP growth forecast seen at 1.7% (unchanged)

The Swiss government adds that global demand is to remain below its historical average until the end of next year at least.

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