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Switzerland / 3rd quarter of 2021 Gross domestic product in the 3rd quarter 2021 - Continuing economic recovery

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Gross domestic product in the fourth quarter of 2022: Swiss economy stagnates

Swiss GDP grew by 1.7%, following an increase of 1.8% in the second quarter. Value added grew markedly in the affected service sectors as a result of the further relaxation of COVID measures. Private consumption rose substantially in line with this. Overall, GDP was more than 1% higher in the third quarter than the pre-crisis level seen in the fourth quarter of 2019.