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Published on 30 May 2013

Gross domestic product in 1st quarter 2013

Bern, 30.5.2013 - Switzerland’s real gross domestic product (GDP) expanded by 0.6% in the 1st quarter 2013 compared to the previous quarter*. Positive contributions to growth came from private consumption, investments in construction and from the trade balance, whilst investments in machinery and equipment by contrast decreased. Value added on the production side increased in a number of sectors during the 1st quarter; particularly in the areas of industry, the construction and financial sectors and in some non-financial private and public-sector services. Real GDP rose by 1.1% compared with the 1st quarter 2012.