The Swiss federal government's expert group raised its growth outlook for 2018 but maintained the estimate for 2019.
The State Secretariat for Economic Affairs said the economy is forecast to grow 2.9 percent this year instead of 2.4 percent projected in June. The outlook for 2019 was retained at 2 percent.
According to SECO, the favorable international economic development is stimulating foreign trade, and companies are investing heavily. However, the agency said the…See More