Switzerland: GDP grows 0.6% in Q2

FXStreet (Łódź) - On an annual basis Swiss GDP increased 0.6% in Q2, down from the 2.1% growth registered the previous quarter, according to data released today by the State Secretariat for Economic Affairs SECO. This result is below market consensus of a 1.7% rise.

Quarter-over-quarter GDP remained unchanged in Q2, following +0.5% in Q1 and against expectations of 0.5% growth.