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Swiss economy stagnates in second quarter

Summary by SWI swissinfo.ch
After a strong start to the year, the Swiss economy has slowed considerably. In the second quarter, gross domestic product (GDP) rose by just 0.1 per cent on an adjusted basis compared to the previous quarter.

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According to official data, it stopped almost completely in the second quarter, with a rise of just 0.1% compared to 0.8% in the first quarter.

Schweizer Radio und Fernsehen (SRF)Schweizer Radio und Fernsehen (SRF)
Reposted by
watson.ch/watson.ch/
Lean Left

Gross domestic product (GDP) rose by only 0.1 percent in the second quarter of the previous quarter.

·Zürich, Switzerland
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In the second quarter of 2025, growth in gross domestic product (GDP) was recorded at 0.1% after an increase of 0.8% in the first half. The dynamism of services made it possible to compensate for the negative evolution of industry, according to provisional data published on Friday by the Secretariat of State for the Economy (Seco). "The US tariffs largely explain the slowdown observed in the second quarter.

Swiss economic growth slowed sharply in the second quarter, after 0.8 percent growth in the first quarter, the country grew by 0.1 percent in the second, according to data from the Swiss economy ministry. Exports fell as companies stockpiled goods ahead of new high tariffs in the United States, AFP news agency reported.

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The Swiss economy stopped dry in the second quarter after only 0.1 per cent progress against the 0.8 per cent growth recorded in the first in the framework of the trade war opened by the President of the United States, Donald Trump, which has imposed tariffs on the European nation of 39 per cent.

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pme.ch broke the news in on Friday, August 15, 2025.
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