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Switzerland’s real gross domestic product (GDP) expanded by 0.6% in the 1st quarter 2013 compared to the previous quarter . Positive contributions to growth came from private consumption, investments in construction and from the trade balance, whilst investments in machinery and equipment by contrast decreased. Value added on the production side increased in a number of sectors during the 1st quarter; particularly in the areas of industry, the construction and financial sectors and in some non-financial private and public-sector services. Real GDP rose by 1.1% compared with the 1st quarter 2012.
Next press release: Tuesday, September 03, 2013, 07:45
Each quarter, the SECO estimates the GDP and its components. The main purpose of these estimations is to provide data that allow for an assessment of the cyclical development of the main macroeconomic aggregats in a timely adequate and credible manner.
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