Forecast: 2020 economic slump less serious than
Economic forecast by the Federal Government’s Expert Group – October 20201
The Expert Group is expecting GDP adjusted for sporting events to fall by 3.8 % in 2020 and unemployment to average 3.2 % over the year as a whole. Prospects for 2020 are therefore less negative than feared in the middle of the year. The momentum is likely to weaken as time goes on.
Last modification 12.10.2020
Contact
State Secretariat for Economic Affairs SECO
Economic Policy Directorate
Short Term Economic Analyses
Ronald Indergand
Holzikofenweg 36
CH-3003 Bern