Swiss Govt: Q1 growth was helped by positive one-off factors

Following the release of upbeat Swiss Q1 GDP report, Switzerland’s government economist is out with his take on the growth numbers.

Key Headlines:

The general environment remains the same.

Q1 growth was helped by positive one-off factors.

Strong Q1 GDP figures do not mean an automatic upgrade of annual forecasts.

The negative factors affecting the economy are still present.

That includes trade war, Brexit, German economic slowdown.