Switzerland Raises 2008 GDP Growth

By @ibtimes on

RTTNews - Friday, the Federal Statistical Office raised Switzerland's gross domestic product growth for 2008 to 1.8% from 1.6%. The economy had expanded 3.6% in 2007.

The statistical office report showed that GDP at current prices increased 4% in 2008.

According to the State Secretariat for Economic Affairs, GDP fell 0.8% sequentially in the first quarter, following a 0.6% contraction in the fourth quarter.

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