Switzerland Q2 GDP 0.0% vs +0.1% q/q expected

  • Latest data released by the Federal Statistics Office - 4 September 2023
  • Prior +0.3%

The Swiss economy stagnated in Q2 and with prospects looking rather gloomy this quarter, recession risks are certainly on the table towards the year-end. It looks like at least the SNB will perhaps go with one final rate hike later this month.

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