Economic forecasts by the Federal Government's Expert Group - summer 2017:

A further marked increase in economic momentum is to be expected over the coming quarters given the promising outlook for the global economy and positive leading indicators. The Federal Government's Expert Group is therefore anticipating gross domestic product (GDP) to grow by 1.4% in 2017 (previously: 1.6%) and by 1.9% in 2018 (unchanged). Both domestic demand and Swiss foreign trade are expected to contribute to growth positively. As the economic situation brightens, the job market is also likely to continue its recovery. The Expert Group still anticipates an unemployment rate of 3.2% in 2017 and 3.1% in 2018.