A post by @FirstSquawk on X.
SCHLEGELSAYS INITIAL SIGNS THAT SWISS ECONOMY CONTINUES TO GROW: HZ
@FirstSquawk on X
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Swiss Economics Minister Guy Parmelin said initial indicators suggest the Swiss economy is continuing to grow, according to a First Squawk report citing Handelszeitung. The remark signals that Switzerland has so far avoided a sharp downturn despite a challenging global backdrop. No specific GDP figures, inflation readings or forecasts were attached to the statement. The comments matter as an early signal on the resilience of Swiss domestic activity ahead of upcoming official data. Traders will watch the next round of Swiss GDP, inflation and SNB commentary for confirmation of the growth trend.
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Named in this story
Swiss economy, Schlegel