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Source: Switzerland – Department of Economic Affairs, Education and Research

Headline: Forecast: 2020 economic slump less serious than feared

Economic forecast by the Federal Government’s Expert Group – October 2020* – The Expert Group is expecting GDP adjusted for sporting events to fall by 3.8 % in 2020 and unemployment to average 3.2 % over the year as a whole. Prospects for 2020 are therefore less negative than feared in the middle of the year. The momentum is likely to weaken as time goes on.

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