SECO – Gross domestic product in the 2nd quarter of 2017 September 05, 2017 at 01:50AM

A new ordinance on Measure against by SECO – Gross domestic product in the 2nd quarter of 2017
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SECO – Gross domestic product in the 2nd quarter of 2017
Bern, 05.09.2017 – Switzerland’s real gross domestic product (GDP) grew by 0.3 % in the 2nd quarter of 2017.* Manufacturing, the financial sector and the hotel and catering industry significantly boosted growth, while developments in trade, public administration and the healthcare sector were sluggish. On the expenditure side, growth was driven by domestic demand, with positive momentum coming from both consumption and investment. By contrast, the trade balance contributed negatively to GDP growth. The present quarterly figures are based on the latest revised annual figures of the national accounts published by the Swiss Federal Statistics Office (SFSO) from 1995 onwards.
State Secretariat for Economic Affairs

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