Swiss trade surplus declines to CHF2.87 billion in August

Market news

22 September 2015

Swiss trade surplus declines to CHF2.87 billion in August

The Swiss Federal Customs Administration released its trade data on Tuesday. The Swiss trade surplus fell to CHF2.87 billion in August from CHF3.58 billion in the previous month. July's figure was revised down from a surplus of CHF3.74 billion.

Exports dropped 2.4% in August, while imports were down 4.0%.

On a yearly basis, exports fell 2.1% in August, while imports decreased 7.4%.

Real wages in Germany climb by 2.7% year-on-year in the second quarter

European Central Bank (ECB) Governing Council member Ardo Hansson: low interest rates for a longer period “may lead into unbalances or risks”

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