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Switzerland: GDP expands 0.6% in Q1

On a quarterly basis Swiss GDP s.a. increased 0.6% in Q1, following a 0.3% rise registered the previous quarter, according to data released today by Swiss Statistics. Analysts expected 0.2% growth.
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UK: Annual Nationwide Housing Prices rise more than expected in May

On an annual basis UK Nationwide Housing Prices grew 1.1% in May, up from the 0.9% increase the previous month, Nationwide informed on Thursday. This result is higher than projections of +0.9%.
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