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Study: the Swiss economy shielded from global turmoil

A study reveals that the Swiss economy is proving resilient in the face of a difficult environment. On the occasion of the mid-June publication of the Swiss Monitor for the second quarter of 2022, Credit Suisse economists kept their forecast for Swiss gross domestic product (GDP) growth for the current year unchanged at 2.5%. “The positive momentum following the lifting of anti-Covid measures continues to shape economic activity. The inflation rate is expected to remain above 2% until the end of the year, reaching an average of 2.3%, the authors of the study believe,” reported the Swiss news site RTN.