Inflation in Switzerland above 2 percent in 2022

Due to the war in Ukraine, BAK Economics has revised its forecast for Swiss economic growth strongly downwards: for 2022 GDP growth of 2.3% is assumed, which is around 0.7% lower than was forecast at the beginning of February (all figures are real and corrected for major sporting events). BAK expected an increase in Swiss GDP of 1.7% for 2023 (-0.2% compared to the last forecast).

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