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Swiss Economy in 2017: On the Way to a New Normal?

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Credit Suisse economists are leaving their growth forecast for the Swiss economy in 2017 unchanged at 1.5%. However, they are revising their 2016 forecast to 1.5% (previously: 1%). Despite this revision, growth will remain weaker than before the Swiss-franc shock. Private consumption in particular is likely to be subdued in…

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