India, Feb. 27 -- Switzerland's economic growth improved more than estimated in the fourth quarter on consumption and exports, official data revealed on Thursday.
GDP grew 0.5 percent from the previous quarter, following a 0.2 percent rise in the third quarter, the State Secretariat for Economic Affairs, or SECO said. The fourth quarter growth marginally exceeded the flash estimate of 0.4 percent.
On a yearly basis, economic growth softened to 1.2 percent from 1.3 percent in the prior quarter.
On the expenditure-side of GDP, private spending increased 0.5 percent sequentially on higher expenses on health, recreation and culture. Government spending also grew 0.5 percent.
After two consecutive negative quarters, investment in equipments ...