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.

(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.