Recovering Swiss economy stumbles in fourth quarter


  • World
  • Thursday, 27 Feb 2014

ZURICH (Reuters) - Switzerland's economy stumbled in the fourth quarter of last year as exports fell, growth data showed on Thursday, though evidence of an upturn going into 2014 suggests the recovery remains on track.

Quarter-on-quarter gross domestic product growth was 0.2 percent, the State Secretariat for Economic Affairs (SECO) said in a statement on Thursday - lower than a forecast for 0.4 percent in a Reuters poll and the previous quarter's 0.5 percent.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

1st LD: At least 14 killed in bus crash in central Mexico
Ukraine's Zelenskiy issues fresh plea for Patriots, EU accession, NATO entry
Heat alert extended for 3 more days in Bangladesh
Urgent: At least 14 killed in bus accident in central Mexico
France's nuclear weapons should be part of European defence debate, Macron says
Anwar meets Jordanian PM, emphasises need to support Palestine state recognition at UN
Italy PM Meloni announces candidacy at EU election
Bangladesh reopens schools amid scorching heatwave
Russia threatens West with severe response if its assets are touched
Ukrainian 'Grandpa' leads over-60s unit fighting Russian forces for free

Others Also Read