• Swiss trade balance surplus above expectations

Market news

20 October 2016

Swiss trade balance surplus above expectations

Between July and September 2016, the exports grew corrected for working days by 8.1% (real terms: + 2.8%) and imports by 7.9% (real terms: + 4.7%). In both approaches, the chemical-pharmaceutical products dominated the development. So these were responsible export side for about 80% of the total additional revenue. The surplus in the trade balance exceeded the first time in a quarter the 10 billion-franc stamp.

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.