Swiss Economy Probably Expanded 0.2% in the Second Quarter

(Bloomberg) --

The Swiss economy is forecast to have grown just 0.2% in the second quarter, with data due to be published on Thursday. Yet Germany, it’s biggest export market, is on the brink of recession, hit by the trade war and a slump in manufacturing. Combined with the strong franc, that’s likely to weigh on economic momentum in Switzerland in coming months.

To contact the reporters on this story: Catherine Bosley in Zurich at cbosley1@bloomberg.net;Harumi Ichikura in London at hichikura@bloomberg.net

To contact the editors responsible for this story: Fergal O'Brien at fobrien@bloomberg.net, Zoe Schneeweiss

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Swiss Economy Probably Expanded 0.2% in the Second Quarter