SECO – Gross domestic product in 2nd quarter 2013 September 03, 2013 at 01:54AM

A new ordinance on Measure against by SECO – Gross domestic product in 2nd quarter 2013
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SECO – Gross domestic product in 2nd quarter 2013
Bern, 03.09.2013 – Switzerland’s real gross domestic product (GDP) expanded by 0.5% in the 2nd quarter 2013 compared to the previous quarter.* As in the previous quarters, positive contributions to growth came primarily from private consumption. Investments in machinery and equipment showed a marked increase for the first time in a year. Investments in construction reported a slight reduction. The balance of trade in goods contributed negatively to GDP growth (lower exports and higher imports). By contrast, the contributions from service exports and imports balanced each other out. On the production side, there was a reduction in value-added in the areas of industry and the construction sector in the 2nd quarter. Many areas of the services sector contributed positively to GDP growth (trade; transport, information and communication; financial and insurance services; real estate and housing; provision of other business services; healthcare).
State Secretariat for Economic Affairs

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