Latest SECO news and updates from Switzerland. AI-curated articles covering SECO topics.
Multiple economic indicators point to a challenging period ahead for the Swiss economy. Both the State Secretariat for Economic Affairs (Seco) and the KOF Economic Institute have revised growth forecasts downwards, citing oil price instability linked to the conflict in Iran. This news is compounded by Switzerland's drop from first to third place in the IMD's annual global competitiveness ranking.
Switzerland's gross domestic product (GDP) grew by 0.5% in the first quarter of 2026, according to estimates from the State Secretariat for Economic Affairs (SECO). The growth, driven by industrial and service sectors, surpassed expert predictions.
Despite global headwinds, the Swiss economy grew by 0.5% in the first quarter of 2026, exceeding expert forecasts. The State Secretariat for Economic Affairs (SECO) credits both industrial and service sectors for the solid performance, signaling a positive start to the year.
The Swiss National Bank has kept its key interest rate unchanged at 0.0%, citing global uncertainty. The decision comes as the government's expert group lowers its economic growth predictions, forecasting a below-average year for the Swiss economy.
The State Secretariat for Economic Affairs (SECO) has lowered its 2026 GDP growth forecast to 1%, pointing to the economic impact of the Middle East conflict. Meanwhile, officials state Switzerland's energy supply remains secure.
The State Secretariat for Economic Affairs (SECO) has revised its 2026 GDP growth forecast for Switzerland down to 1%, from a previous estimate of 1.1%, attributing the change to rising energy prices stemming from the Middle East conflict.
Swiss firms exported war materiel worth CHF948.2 million in 2025, a 43% increase over the previous year, according to a report from the State Secretariat for Economic Affairs (SECO). Germany was the largest importer of Swiss-made ammunition, armoured vehicles, and weapons.
Switzerland's labor market presents a confusing picture as the national unemployment rate rose to 3.2% in January, yet companies are struggling to fill over 225,000 advertised positions, indicating a significant skills gap and mismatch between job seekers and available roles.
Swiss consumer sentiment remains gloomy as SECO's monthly index shows continued pessimism despite slight improvement from last year.
From trusted Swiss news outlets