Editions:  Austria · Denmark · France · Germany · Italy · Norway · Spain · Sweden · Switzerland

Swiss economy grows in first quarter

Share this article

15:08 CEST+02:00

The Swiss economy expanded 0.3 percent in the first quarter of 2011, slowing from the previous quarter when growth reached 0.8 percent, the economy ministry said Tuesday.

"Positive growth was generated by the trade balance, construction investment, and to a lesser extent by private consumption," it noted.

The Swiss economy ministry had forecasted in March that gross domestic product would expand 2.1 percent in 2011 and 1.9 percent in 2012.

Get notified about breaking news on The Local

Share this article

From our sponsors

Why Europe's top talent still flocks to London

London has always had a certain allure that pulls in entrepreneurs from near and far. As one of the world's most connected cities, a top financial centre and a multicultural melting pot, countless professionals from Europe and beyond are drawn to London like moths to a flame.