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Swiss GDP up 0.3% in 1st quarter from 4th quarter

Daily newsbrief journal for May 2011, also see http://www.usdemocrats.com/brief for a global 100-page perpetual brief and follow twitter @usdemocrats


Swiss GDP up 0.3% in 1st quarter from 4th quarter

Postby admin » Tue May 31, 2011 2:46 am

Swiss GDP up 0.3% in 1st quarter from 4th quarter
TEL AVIV (MarketWatch) - Switzerland's first-quarter gross domestic product rose 0.3% from the fourth quarter and 2.4% from the year-earlier first quarter, the State Secretariat for Economic Affairs reported on Tuesday. Private consumption rose 0.2% from the fourth quarter, driven mainly by housing and health care as well as banking services and insurance, the agency said. Consumption spending on food and clothing fell, the secretariat said. Government consumption rose 0.3% in the first quarter from the fourth quarter.
http://feeds.marketwatch.com/~r/marketw ... story.aspx
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