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New Market Study, "Switzerland Business Forecast Report Q4 2013", Has Been Published

Fast Market Research recommends "Switzerland Business Forecast Report Q4 2013" from Business Monitor International, now available

 

Boston, MA -- (SBWIRE) -- 08/30/2013 -- Switzerland's growth trajectory in 2013 and 2014 will be driven primarily by consumer and investment spending, with the potential for the government to step in and boost growth in the event that the situation in the eurozone sharply interrupts Swiss growth.

The Swiss National Bank has set a limit on the Swiss franc's value versus the euro in the face of substantial appreciatory pressures resulting from the eurozone sovereign debt crisis. This will help to protect the country's export sector from a severe loss of competitiveness and thereby limit the impact of external turbulence on near-term economic growth. However, the massive scale of the monetary easing involved in such foreign exchange intervention could dramatically inflate property prices if maintained into the medium term.

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Major Forecast Changes

We have revised our 2013 real GDP growth forecast to 1.9% from 1.0% previously.

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