- Swiss Govt: Economy Slows Sharply On Franc, EU Weakness
Market news
13 December 2011
Swiss Govt: Economy Slows Sharply On Franc, EU Weakness
- Economic Slowdown Won't Match That In 2008
- Slowdown To Be Mild If EU Crisis Doesn't Worsen
- Lowers 2011 GDP Growth Forecast To 1.8% From 1.9%
- Cuts 2012 GDP Growth Forecast To 0.5% From 0.9%
- Sees Growth Rebounding To 1.9% In 2013
- Cuts 2012 Inflation Prediction To -0.3% From 0.3%
- Sees Inflation At 0.3% In 2013
- Sees 2012 Jobless Rate At 3.6% Vs 3.1% In 2011
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