Swiss economy grows 0.5% in Q2

|By:, SA News Editor

Swiss Q2 GDP +0.5% on quarter vs +0.6% in Q1 and consensus of +0.3%.

On year, GDP +2.5% vs +1.2% and +1.7%.

GDP particularly boosted by a rise private consumption, as well as an increase in investment on machinery.

USD-CHF +0.2% to $0.9364, shares +0.1%. (PR)

ETFs - Stocks: FSZ, EWL. Currency: FXF.