SECO – Gross domestic product in 2nd quarter 2014 September 02, 2014 at 01:48AM

A new ordinance on Measure against by SECO – Gross domestic product in 2nd quarter 2014
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SECO – Gross domestic product in 2nd quarter 2014
Bern, 02.09.2014 – In the 2nd quarter 2014 Switzerland’s real gross domestic product (GDP) was unchanged against the previous quarter (0.0%)*. The balance of trade in goods and services made a small negative contribution to GDP growth, with a small positive impetus coming from private household consumption and a neutral contribution from investments (in construction and equipment). On the production side (development of value added by sector) industry, the wholesale sector and financial services (accounting for a total of about 40% of GDP) failed to provide any impetus to growth. Public sector areas also reported no increase in value added. This led to a rise in GDP of 0.6% compared with the 2nd quarter 2013.
State Secretariat for Economic Affairs

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