#Switzerland’s Economy Slumps Most in Decades

Swiss GDP expected to contract 6.4% this year. 

Q1 fall of 2.6% was 20% worse than the 2.1% expected. 

Hotel & Tourism suffered +24% drop in Q1. 

See the whole story on Bloomberg here:

Swiss Economy Slumps the Most in Decades 

https://www.bloomberg.com/news/articles/2020-06-03/pandemic-hits-switzerland-s-economy-harder-than-financial-crisis

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