CHF: change in economic forecasts
SECO (State Secretariat for Economics) reports that Swiss government raised 2013 growth forecast from +1.3% to +1.4%. Inflation outlook for this year is, on the contrary, lowered, from +0.1% to -0.1%.
Growth and inflation forecasts for 2014 remain unchanged at +2.1% and +0.2% respectively.
USD/CHF is fluctuating around 0.9330. EUR/CHF enged up to 1.2380.