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In the first quarter of 2023, Switzerland experienced little economic growth relative to the previous quarter due to stagnant private consumption and public spending. Overall, GDP is only about 0.7% higher than in the same quarter of 2022. Inflation is at 3.2% relative to the previous year, due to the strong economic rebound after the pandemic, rising energy prices, and uncertainty related to the Russian invasion of Ukraine. This value is relatively low in an international comparison, with OECD countries having experienced an average inflation of 8.57% over the same time span. The unemployment rate is stable at 2%, half a percentage point lower than in the previous year. The OECD economic outlook expects annual inflation to decrease to 2% in the second half of the year, and to 1.2% in 2024. Despite the current tightening of the monetary policy by the SNB to slow down inflation, Swiss GDP is expected to grow at an average annual rate of 2% in 2023 and to exceed 3% in 2024. Unemployment is expected to increase slightly in 2023 and to stabilize in 2024.

July 2023

ECSA Chemicals AG
Burgauerstrasse 17
CH-9230 Flawil (Switzerland)

Via Luigi Favre 16
CH-6828 Balerna (Switzerland) 

T. +41582119100


ECSA Maintenance AG
Burgauerstrasse 17 
CH-9230 Flawil (Switzerland)

Via Luigi Favre 16 
CH-6828 Balerna (Switzerland)

T. +41582119300


Suncolor SA
Via d'Argine 1 
CH-6930 Bedano (Switzerland)

T. +41919455038


ECSA Energy SA
Via Luigi Favre 16 
CH-6828 Balerna (Switzerland)

T. +41582119500


con Unico Socio
Via Lavoratori Autobianchi 1 
I-20832 Desio (MB) - Italy
(Stabile n. 15 - Polo Tecnologico della Brianza)

T. +39 0362 625 421

P.IVA IT00222470130

Codice destinatario: C1QQYZR

Porta Ticino Easy Stop SA
Via San Giorgio 37
CH-6877 Coldrerio

T. +41582119910


Stalvedro Easy Stop SA
Stalvedro 4, CH-6780 Airolo

T. +41582119950


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