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Home > News > WRS News > Economy posts first quarter growth
Thursday, 31 May, 2012, 11:41

Economy posts first quarter growth


Switzerland’s gross domestic product grew .7 percent in the first quarter.

It’s a better performance than expected.

Analysts had predicted growth or even contraction ranging from -.1 percent to .2 percent.

The state secretariat of economic affairs says domestic consumption particularly helped growth.

In contrast foreign trade had a negative impact.The eurozone stagnated with no growth in the first quarter. 


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