Switzerland's Q2 economic growth hits recent peak

Switzerland's economy experienced a record-breaking growth in the second quarter of 2026, with GDP rising by 1.5% compared to the first quarter, marking the fastest expansion since the third quarter of 2021. The chemicals and pharmaceuticals sector contributed significantly to this growth, with industrial output increasing by 3.9% and manufacturing by 4.5%. Additionally, domestic final demand saw a 0.5% increase. Economic growth is expected to reach about 1% this year and 1.5% next year, amid rising inflation which reached 0.8% in August, the highest level since September 2024.

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