The bank Raiffeisen has cut its Swiss growth forecast for this year and next, blaming the ongoing war in the Middle East.
Economists at the cooperative now expect GDP to rise by just 0.8% in 2026 and 1.3% in 2027 - a tenth of a percentage point lower than its early-May figures.
Inflation has been revised the other way, with consumer prices now expected to climb 0.7% this year.
The bank says the Middle East conflict is squeezing global demand and slowing Europe's industrial recovery.
Voters to make major decisions this weekend
Voters head to the polls this weekend to decide two closely watched national issues.
Moves to toughen juvenile justice
There are moves to toughen up how courts can deal with juvenile offenders, including giving more leeway to treat a young offender as an adult.
New Geneva school already full
A brand-new Geneva school is already full.
Mpox infections on the rise
Health authorities here are reporting a rise in mpox infections this year, mirroring trends seen elsewhere in Europe.
Possible relief for over debt
Parliament has approved a new right to debt erasure for the chronically indebted.
Border closures and checks start today
Cross border commuters face heavy delays from today as border checks and closures start, due to increased security measures ahead of the G7 summit.
