2024 Swiss inflation forecast lowered to 1.4%, aligning with SNB predictions; 2025 forecast at 1.1%.

Switzerland's State Secretariat for Economic Affairs lowered its 2024 inflation forecast to 1.4% and 2025 forecast to 1.1%, aligning with the Swiss National Bank's predictions. The 2024 GDP growth forecast was raised slightly to +1.2%, and the 2025 forecast remains unchanged at +1.7%. The government expects the Swiss economy to grow below average in 2024, with gradual recovery in 2025.

June 17, 2024
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