(Bloomberg) -- Switzerland’s economy grew slightly less than initially reported in the first quarter, weighed down by stalling consumer demand and a drop in investment.

(Bloomberg) -- Switzerland’s economy grew slightly less than initially reported in the first quarter, weighed down by stalling consumer demand and a drop in investment.

Real gross domestic product (GDP) increased by 0.4% on an adjusted basis compared to the previous quarter, the State Secretariat for Economic Affairs (SECO) said on Monday.

Switzerland’s economy is unlikely to take too great a hit this year from rising energy prices and a more uncertain global outlook, the OECD says.

(Bloomberg) -- Switzerland’s inflation rate came in lower in than economists expected last month, a sign the strength of the franc may be offsetting the impact of high energy…