Switzerland’s GDP rose by 0.3% in the 2nd quarter of 2019, after increasing by 0.4% (revised) in the previous quarter.* The development of domestic and foreign demand was weak, as in other European countries, which had a particularly negative impact on the service sectors. Private consumption (+0.3%) saw slightly below-average growth in the 2nd quarter, supported by expenditure for healthcare, housing and energy. Government consumption (+0.1%) increased only slightly. Investment in construction (–0.1%) provided no impetus, accordingly value added in construction (+0.1%) hardly rose at all. Finally, investment in ... (full story)