GENEVA, March 17 (Chinese media) -- The Swiss economy could shrink by 2.2 percent in 2009, worse than previously expected, a government agency said on Tuesday.
The State Secretariat for Economic Affairs (Seco) said it had adjusted its previous prediction that the gross domestic product would decline by 0.8 percent, the official Swissinfo news website reported.
Unemployment, which rose to 3.4 percent in February, is expected to increase to 3.8 percent in 2009 as a whole and to 5.2 percent in 2010, according to the agency.
"The outlook of the global economy, already gloomy at the end of last year, has once again deteriorated considerably since the start of 2009," Seco said in a statement.
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