Nordic & Swiss Economics

Nordic & Swiss Chart Book

15 November, 2018

Strength of Nordic activity surveys won’t last

Economic growth in Switzerland, Sweden and Norway looks set to slow next year. In fact, survey evidence in Switzerland suggests that the economy has already shifted down a gear, with the KOF Economic Barometer pointing to a decline in annual GDP growth from over 3% in Q2 to about 1.5%. What’s more, this year’s boost from the Olympics and World Cup (which increased the revenues of Swiss-based organisations) will not be repeated, and will therefore act as a drag on growth in 2019. In Sweden, while

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