Oxford Economic Country Briefings, December 20th, 2006
Highlights and Key Issues
* Growth in 2006Q3 slowed to 0.4% on the quarter and 2.4% on the year. After growth of about 2.9% this year, we expect more modest expansion of 2.1% in 2007, still well above potential and better than the 1.3% average achieved over the last 15 years.
* The weak patch in Q3 had a lot to do with what should prove to be one-off events, such as strong de-stocking and reduced investment in civil aircraft. Indeed, the detail behind the Q3 figures and latest indicators all paint a very healthy economic picture.
* Despite strong recent growth, capacity utilisation well abo...
HighBeam Research, Free Preview: 'Switzerland'... Full Membership required for unlimited access. Free 7-day trial.
Subscribers: HighBeam content is only available to HighBeam subscribers. Click the link above for more information.
