Economic forecasts

Forecast: 2020 economic slump less serious than
feared

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.

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Tuesday, 15 December 2020, 7:45

 

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State Secretariat for Economic Affairs SECO

Economic Policy Directorate
Short Term Economic Analyses

Ronald Indergand
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