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In the 4th quarter 2013 Switzerland’s real gross domestic product (GDP) expanded by 0.2% compared to the 3rd quarter. On the expenditure side, positive contributions to growth in GDP came in particular from consumption and gross fixed investments, whilst the balance of trade in goods and services had a negative impact. On the production side of the GDP, the main contribution to GDP-growth came from the whole-sale sector. Compared to the same quarter of previous year (4th quarter 2012), GDP increased by 1.7%. First estimates for the whole year – based on the quarterly data – show GDP growth of 2.0% for 2013 after 1.0% in 2012.
Next press release: Thuesday, May, 2014, 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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