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Economic Trends in the Second Quarter Will Be Known
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The Statistical Office will publish data on the development of gross domestic product (GDP) in the second quarter of this year today. After an unexpected year-on-year decline in the first three months of the year, analysts expect the data to show growth this time. However, this year's economic dynamics are in any case weaker than initially expected.
The Swiss economy's performance in the second quarter is the subject of divergent projections among economists consulted by the AWP agency. The only point of convergence is that GDP growth over the first three months of the year has fizzled out.
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