Switzerland ups economic growth forecast for the year but revises lower 2024 projection

• 2023 GDP growth seen at +1.3% (previously +1.1%)
• 2024 GDP growth seen at +1.2% (previously +1.5%)
• 2023 CPI seen at +2.2% (previously +2.3%)
• 2024 CPI seen at +1.9% (previously +1.5%)

The government says that the global economy is likely to take longer to recover from the challenges over the past few years, than what was assumed in the June forecast.