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In the 2nd quarter 2014 Switzerland’s real gross domestic product (GDP) was unchanged against the previous quarter (0.0%) . The balance of trade in goods and services made a small negative contribution to GDP growth, with a small positive impetus coming from private household consumption and a neutral contribution from investments (in construction and equipment). On the production side (development of value added by sector) industry, the wholesale sector and financial services (accounting for a total of about 40% of GDP) failed to provide any impetus to growth. Public sector areas also reported no increase in value added. This led to a rise in GDP of 0.6% compared with the 2nd quarter 2013.
Next press release in 2nd quarter 2014 (according to ESA 2010): Tuesday, September 30, 2014, 09:30
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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