Switzerland to Lower Economic Forecast Over Coronavirus: Reuters
(Bloomberg) -- Switzerland plans to lower its economic growth forecast because of the coronavirus outbreak, Reuters reported, citing an official from the State Secretariat for Economic Affairs.
- “We will certainly revise our December growth forecast significantly and publish it on March 17,” Eric Scheidegger, head of SECO's economic policy directorate, said during a government news conference, according to Reuters.
- SECO predicted GDP growth of 1.7% this year in its last forecast in December, Reuters said.
To contact the reporter on this story: David Verbeek in Frankfurt at dverbeek1@bloomberg.net
To contact the editors responsible for this story: Daniel Schaefer at dschaefer36@bloomberg.net, James Amott, Sara Marley
©2020 Bloomberg L.P.
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