Switzerland: Annual GDP rises 2% in Q1

FXStreet (Łódź) - On an annual basis Swiss GDP increased 2% in Q1, following a 1.7% rise registered the previous quarter, according to data released today by the State Secretariat for Economic Affairs SECO. Analysts expected 1.9% growth.

On a quarterly basis Q1 GDP edged up 0.5%, following a 0.2% rise in Q4 and slightly below consensus of climbing 0.6%