A new ordinance on Measure against by SECO – Gross domestic product in the 1st quarter 2016
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SECO – Gross domestic product in the 1st quarter 2016
Bern, 01.06.2016 – Switzerland’s real gross domestic product (GDP) grew by 0.1% in the 1st quarter of 2016.* GDP was underpinned by consumption expenditure from private households and investments in construction and equipment but curbed slightly by government consumption. On the production side, the picture was mixed: whilst financial services and the hotel and catering industry saw a decline, value added in manufacturing, construction and the healthcare sector increased. In comparison with the 1st quarter of 2015, GDP grew by 0.7% and the GDP deflator lost 1%.
State Secretariat for Economic Affairs
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