FX.co ★ Swiss Economy Shows Weak Growth in Q2

Switzerland's economy experienced a modest increase of 0.1% from the previous quarter during the second quarter of 2025. This represents a slowdown compared to the revised 0.8% growth observed in the first quarter. This is the most sluggish growth since the economic contraction in the second quarter of 2023. The services sector did see some gains; however, these were counterbalanced by a decline in industrial activity. This economic data arrives amid the ongoing impact of US President Donald Trump's recently imposed 39% tariff on Swiss exports, which is notably the highest among developed nations.