Switzerland Inflation And Economic Growth: IMF's Latest Forecast

2024-10-23 04:38:52

(MENAFN- Swissinfo) The International Monetary Fund (IMF) has slightly lowered its forecast for Switzerland's economic growth next year. The organisation now anticipates a growth rate of 1.3% in 2025.

This content was published on October 23, 2024 - 09:17 2 minutes Keystone-SDA

Deutsch de IWF senkt Wachstumsprognose für Schweiz für 2025 leicht Original Read more: IWF senkt Wachstumsprognose für Schweiz für 2025 leich

This comes from the World Economic Outlook report released on Tuesday. In March, IMF economists had projected a growth rate of 1.4%.

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For 2024, the IMF still expects the Swiss economy to grow by 1.3%, according to the report. Regarding consumer prices, the IMF forecasts inflation to drop from 1.3% this year to 1.0% in 2025.

+ Read more: Swiss jobless rate hits record low

IMF forecasts improved prospects for the global economy

Meanwhile, the IMF's outlook for the global economy is slightly more optimistic, though not overly positive. Growth is expected to be 3.2% both this year and next. The IMF describes the global outlook as“stable, but not overwhelming” and cautions about uncertainties and risks.

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