Swiss trade balance surplus declined in February

Market news

21 March 2017

Swiss trade balance surplus declined in February

In February 2017, foreign trade grew in both directions. Exports rose by 0.9% (real: - 2.5%) on working day terms. Thanks to three product groups, imports grew by + 5.4% (real: - 1.2%). The trade balance closed with a surplus of 3.3 billion francs.

Swiss Federal Government’s Expert Group is expecting growth in gross domestic product (GDP) to accelerate to +1.6% in 2017

Switzerland: Trade Balance, February 3.3 (forecast 3.85)

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

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.