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Economic forecasts from the Federal Government’s Expert Group – Winter 2013/2014
The economic situation for Switzerland has continued to brighten over the au-tumn months. The anticipated positive upturn in the export industry appears to have been confirmed. Further increasing exports and consequently a broader-based economic expansion are expected, since domestic economy, which has held up well since the financial crisis, should remain robust. Providing the in-ternational economy continues on a gradual path of recovery there are good prospects for a strengthening economic upturn in Switzerland over the next two years. Following the solid GDP growth of 1.9% in 2013, the Expert Group expects growth to accelerate to 2.3% in 2014 and 2.7% 2015. In the labour market this is also likely to be reflected by lower unemployment.
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