At the second Swiss Wood Congress, which took place on November 17 in Yverdon-les-Bains, Thomas Lädrach, President of the Swiss sawmill and timber industry, gave a detailed analysis of the situation of the Swiss timber industry. He highlighted Switzerland’s economic outlook – a growth of 0.8% in 2023 and of 1.3% in 2024 – which is the opposite compared to the shrinking GDP of Germany, for example. With an inflation rate of 2.2% in 2023 and 1.9% in 2024 as well as an interest rate of 1.6%, Switzerland is also doing much better than its neighboring EU countries.
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