Monetary Fund IMF lowers growth forecast for Switzerland for 2025 slightly

The International Monetary Fund (IMF) has slightly lowered its forecast for economic growth in Switzerland in the coming year. The organization now expects economic growth of 1.3 percent in 2025.

This is according to the "World Economic Outlook" published on Tuesday. In their March forecast, the IMF economists had still expected growth of 1.4 percent.

For the current year 2024, the IMF continues to expect the Swiss economy to grow by 1.3%, as can be seen in the report. In terms of consumer prices in Switzerland, the IMF expects the inflation rate to fall from a plus of 1.3% in the current year to 1.0% in 2025.

Slightly better prospects for the global economy

Meanwhile, the IMF's outlook for the global economy is slightly better - albeit not rosy. It is expected to grow by 3.2% both this year and next. The IMF describes the global outlook as "stable, but not overwhelming" and warns of uncertainties and risks.

The global battle against inflation has been "largely" won, even if price pressures persist in some countries, according to the report. However, the outlook for the global economy is currently dominated by risks. An escalation of regional conflicts, particularly in the Middle East, could pose serious risks for the commodity markets, the IMF warns. A monetary policy that remains tight for too long could also cause problems.

SDA