OECD significantly lowers Swiss GDP forecast due to Trump

The Swiss economy is likely to grow more slowly in 2025 and 2026 than previously assumed, according to the OECD economic organisation. This is due to slower global growth and the tariffs of US President Donald Trump. +Get the most important news from Switzerland in your inbox The Organisation for Economic Co-operation and Development (OECD) is now forecasting GDP growth of 1.1% instead of 1.4% for Switzerland in 2025 and 1.2% instead of 1.9% in 2026, according to a report published on Tuesday. + UBS economists more confident about Swiss economy in 2025 The report also states that growth will be driven by domestic demand. Real wage growth and rising employment are supporting consumption. The picture is gloomier for exports, which are suffering from slower global growth and higher US tariffs. This is at least partially offset by higher investments in Germany. + Switzerland and US agree to accelerate tariff talks The risks are on the downside. According to the organisation's experts ...