Swiss trade balance surplus higher than expected in January

Market news

21 February 2017

Swiss trade balance surplus higher than expected in January

In January 2017, exports rose by 5.3% (real: + 2.3%) on a working-day basis, thanks solely to the chemicals industry. Imports, on the other hand, fell by a total of 1.2% (real: - 6.8%). The company's balance sheet showed a surplus of CHF 4.7 billion, a new monthly peak.

Positive start of trading expected on the major stock exchanges in Europe: DAX + 0.3%, CAC40 + 0.2%, FTSE + 0.1%

Switzerland: Trade Balance, January 4.7 (forecast 3.03)

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