Economic outlook moderately positive
Bern, 13.12.2012 - Economic forecasts from the Federal Government’s Expert Group – Winter 2012/2013*. As a result of deteriorating global economic conditions, economic activity also slowed in Switzerland in 2012, with unemployment reporting a slight rise. However, the growth in GDP clearly remained in positive territory (forecast 2012 +1%). The short term economic outlook for the months ahead is mixed, although there are still no signs of the situation worsening into a more pronounced downturn. Providing the sovereign debt crisis in the Euro region remains under control and the global economy gradually returns to a firmer footing, the Swiss economy could regain momentum during the next two years. The Federal Governments Expert Group is reaffirming its previous assessment which anticipates moderate GDP growth for 2013 (+1.3%) and which could strengthen further in 2014 (+2%). Unemployment is expected to further rise slightly in 2013.