Switzerland: GDP rises 0.5% in Q2

FXstreet.com (Barcelona) - On a quarterly basis Swiss GDP increased 0.5% in Q2, following a 0.6% rise registered the previous quarter, according to data released today by the State Secretariat for Economic Affairs SECO. This result is higher than consensus of +0.3%.

Year-over-year GDP rose 2.5% in Q2, up from +1.2 in Q1 and above expectations of 1.7% growth.