Swiss industrial production expands at slower pace in Q4

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Source: RTT News

Industrial output in Switzerland moved up in the last three months of 2012, but the rate of acceleration was much slower than in the Q3, the Federal Statistical Office reported on Monday. The report said that the Swiss industrial production rose by 1.7% on an annual basis in the Q4 following a growth of 2.5% in the previous quarter, while new orders in the country dropped 2.4% in the Q4 after they rose 1.4% in the Q3.


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