SECO – Gross domestic product in 4th quarter 2014 March 03, 2015 at 01:50AM

A new ordinance on Measure against by SECO – Gross domestic product in 4th quarter 2014
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SECO – Gross domestic product in 4th quarter 2014
Bern, 03.03.2015 – Switzerland’s real gross domestic product (GDP) in the 4th quarter 2014 rose by 0.6%* compared with the previous quarter. Private and public consumption expenditures as well as the balance of trade in goods delivered positive growth contributions. By contrast, the balance of trade in services and gross investments in equipment both failed to provide some impetus to growth. On the production side, the strongest contributions to GDP growth came from manufacturing, financial services, property and housing and the public sector. The GDP deflator remained almost unchanged against the 4th quarter 2013 (0.0%). The results of the quarterly national accounts give an initial and provisional GDP growth rate for the full year 2014 at constant prices of 2.0% compared with the 1.9% growth rate achieved in 2013.
State Secretariat for Economic Affairs

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