Economic forecasts - autumn 2024 Below-average growth, inflation lower than previously expected

Below-average growth, inflation lower than previously expected

The Federal Government Expert Group on Business Cycles continues to expect Switzerland's economic growth in 2024 to be considerably below average (GDP adjusted for sporting events: 1.2%, unchanged from previous forecast). As global economic conditions gradually improve, a moderate acceleration in growth is anticipated for 2025 (1.6%; June forecast: 1.7%). Inflation is expected to continue to fall.

Details

Observation period
23.9.2024-21.12.2024
Periodicity
Quarterly
Spatial division
Switzerland
Published by
State Secretariat for Economic Affairs
Publisher
State Secretariat for Economic Affairs
Source(s)
State Secretariat for Economic Affairs
FSO number
2024-0038-e
Copyright
State Secretariat for Economic Affairs (Opens in new tab or window)
Article type:
Press release
Published on:
19.09.2024
Topic:
National economy

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