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Investing.com -- The Swiss government lowered its economic growth forecasts for 2025 and 2026 on Monday, citing concerns about the impact of global trade tensions on the export-driven Swiss economy.
The State Secretariat for Economic Affairs (SECO) now projects the Swiss economy will grow by 1.3% in 2025, down from its previous March forecast of 1.4%. For 2026, SECO reduced its growth projection more substantially to 1.2% from 1.6%.
Both revised figures fall below Switzerland’s long-term average growth rate of 1.8%, after adjustments for the impact of sporting events.
The downward revisions come as Switzerland, which has traditionally maintained one of Europe’s strongest economies, prepares for challenges in its export sector. SECO indicated that exports are expected to decline in the forecast period.
"Uncertainty regarding international trade and economic policy remains high and is shaping the outlook for both the global and Swiss economies," SECO said.
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