Switzerland to Eke Out Meager Growth Amid Factory Slump

Switzerland to Eke Out Meager Growth Amid Factory Slump

(Bloomberg) --

The Swiss economy has taken a knock from the manufacturing malaise that struck Europe this year. With Germany -- Switzerland’s biggest market -- under pressure, weakness in machinery and electronics exports has been particularly pronounced. Gross domestic product figures due Thursday will probably show third-quarter growth slowed to 0.2% from 0.3%, while UBS and Credit Suisse expect an even worse reading.

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