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Investing.com -- Switzerland's economy accelerated more than anticipated in the final quarter of 2024, driven by progress in both the manufacturing and services sectors.
The gross domestic product (GDP), adjusted for significant sporting events, rose by 0.4% in the fourth quarter, as per the initial government estimate.
The State Secretariat for Economic Affairs announced on Monday that the industrial sector witnessed moderate growth overall, primarily propelled by the chemical and pharmaceutical industry.
The services sector, on the other hand, expanded at a rate that was lower than the historical average.
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