Signs good, but prices up.

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Prices are on the rise, but the Swiss economy should remain on a solid footing until at least the middle of the year, according to a UBS survey.

Growing orders in Swiss industrial companies, order backlogs, and rising production and employment, were given as reasons for the bank's generally positive assessment.

UBS said about 400 companies were surveyed in the final quarter of 2007, and there was a feeling that the pace of growth would slow and prices would rise.

The bank found the watch sector would enjoy a particularly good quarter, with high earnings, export growth and staff increases.

Ironically UBS...

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