UBS Predicts Swiss Economy Growth, Warns of Labor Market Risk

UBS forecasts a 1% growth for Switzerland's economy in 2026, driven by private consumption. However, they warn of potential labor market deterioration and limited support from foreign trade due to US tariffs. Inflation is expected to remain low at 0.5%, while nominal wages are projected to increase by 1%. Despite these challenges, modest wage growth is expected to maintain economic stability.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.