Rising Demand for New Housing Units Props Up Construction Industry in Switzerland
Owing to Swiss National Bank (SNB) appreciation of the country's currency against the Euro, output of Switzerland's construction industry witnessed a compound annual growth rate of meagre 1.17% in real terms during the review period (2013-2017). However, the forecast period puts a sanguine picture vis-à-vis the review period which could be attribute to the government's effort to develop commercial and transport infrastructure. Besides, in the wake of encouraging investments in energy infrastructure projects and discouraging country's dependency on imported energy,...
View full press release