Analysts believe that if the SNB forecast will come to pass, then Switzerland will be one of the leaders in economic growth among European countries, many of which are only beginning to emerge from recession.
KOF Institute released its report on Switzerland in August. Economists say the growth of the Swiss economy to strengthen against the background of the economic recovery in the eurozone.
Talking about the growth of GDP, it is worth noting that the growth of the Swiss economy outpacing the eurozone economy, which is beginning to show signs of recovery after a six-month decline.
The Swiss economy kept growing in Q1 2013. In particular, the Swiss GDP grew by 0,6% quarter-over-quarter while the year-over-year increase was 1,1% during the reporting period, the SECO reports.