As before, the expert group expects economic growth in Switzerland (GDP adjusted for sporting events) to be well below average in 2024 (1.1%; September forecast: 1.2%). As the global economy gradually recovers, growth should return to normal in 2025, at 1.7%*. Risks in connection with the monetary environment remain a primary concern. The Swiss economy grew moderately in the third quarter of 2023, driven in particular by the services sector. In the more cyclically sensitive industrial sectors, value added declined again. Many of the current indicators are below average, pointing to moderate growth in the Swiss ... (full story)