Lowest annual growth anticipated in Switzerland since 2009


(MENAFN) The yearly financial growth of Switzerland in 2017 is expected to be lower one percent after review, which is considered the slowest since 2009, State Secretariat for Economic Affairs (SECO) stated.

Recent statistics from SECO expected a growth rate 0.9 percent for 2017, probably registered the worst fiscal year a 2.2 percent contraction in 2009.

On the other hand, SECO seems to be 1 hundred percent positive that the growth would be increased next year.

Moreover, he predicts a two-percent growth for 2018, due to predicted global growth and the effect of the recent decrease of the Swiss franc.

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