iv 95 europe march 10 1999 www milken inst org switzerland current economic conditions 1999199819971996199519941993199219911990 5 4 3 2 1 0 percent change year ago source ifs real gdp growth 1990 prices was flat from 1991 through 1996 picked up again in 4th quarter 1997 and falling 1998 poor the 1990s has resulted an accelerated unemployment rate most is foreign guest workers as foreigners make 40 of unemployed inflation during this slowdown dropped to close zero did not pick with spurt 7 6 consumer price index 8 sources wefa datastream interest rates short term long month interbank government bond sf us exchange swiss francs per dollar underwent decline yield curve normal poised for continued franc returned trading range
