The growth forecasts for the Swiss economy have been revised by UBS economists. They now project a GDP increase of 1.3% in 2025, which is lower than the previous estimate of 1.5%. When adjusted for sporting events, the growth expectation is now 1.5%, compared to the earlier estimate of 1.7%.

The bank emphasizes that the primary risks to the Swiss economy come from the eurozone, which is Switzerland's main trading partner. They suggest that if the economic recovery in the eurozone is slower than anticipated, it could hinder Swiss industrial growth and overall economic performance in 2025.

For 2024, UBS maintains a GDP growth forecast of 1.4%, with an adjusted figure of 1.0%. Inflation risks domestically are diminishing, leading to a revision of the inflation forecast to 1.1% for this year and 0.7% for 2025. This is a decrease from the previous estimates of 1.2% and 1.0% respectively. The decline in inflation expectations is seen as supportive for consumer spending in the near term.