SECO Economic Forecasts
Definition: The
State Secretariat for Economic Affairs (SECO) “is the
federal government's centre of expertise for all core issues relating
to economic policy. Its aim is to ensure sustainable economic growth
by putting in place the necessary regulatory and economic policy
conditions.” - Source www.seco.admin.ch
Additional
Info: SECO Economic Forecasts are released quarterly and include expectations
for GDP and its components such as: consumption expenditure (personal
and government), construction investment, investment in equipment
and software, exports, imports, employment (full time equivalent),
rate of unemployment and the Consumer Price Index (CPI).
Related Terms: GDP - CPI - Unemployment
Rate - Export Prices - Import
Prices - Construction
Spending - Consumer Spending
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