- Lowers 2012 GDP growth forecast to +1.5% from March forecast of +1.9%
- 2011 inflation +0.7% (previous +1.0%), 2012 inflation +0.7% (previous +0.9%)
- Expects franc to stay strong. Further strong rise would seriously hurt growth
Preview Mode
Swiss govt maintains 2011 GDP growth forecast at 2.1% (March foreast 2.1%)
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