GDP in the fourth quarter of 2024: Swiss economy shows solid growth | Metals Mine

  • GDP in the fourth quarter of 2024: Swiss economy shows solid growth

    From seco.admin.ch Story is in PDF Format

    In the fourth quarter of 2024, Switzerland's GDP adjusted for sporting events grew by 0.5%, following 0.2% in the previous quarter. 2 Growth was driven roughly equally by industry and the services sector. On the expenditure side, both consumption and investment provided a positive impulse. In the industrial sector, growth was particularly focused on the chemical and pharmaceutical industry (+2.7%), which grew robustly in the 4th quarter and contributed significantly to the marked increase in exports3 (+4.2%). In the other industrial sectors, value added essentially stagnated, which slowed down growth in wholesale and ... (full story)

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Luxyus
Feb 27, 2025 2:15am
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i see slowing both QoQ and YoY. the power of misleading narration LOL
Trader#8B15
Feb 27, 2025 4:06am
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Expecting the same for the US. If GDP comes out lower than 2.0%, Fed meeting in March will end up dovish with rate cuts expected moving forward.

Folks still do not understand that this time inflation isn't going down with the economy. Central banks do understand this which is why they are buying Gold hand over fist these last few years. They understand what is in play, but they cannot tell the truth to the public. At least, not yet.
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Gpctrader
Mar 10, 2025 10:19pm
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Hi, may I ask where do you get the data which is more accurate?
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