Swiss trade balance surplus at a new record

Market news

27 April 2017

Swiss trade balance surplus at a new record

Between January and March 2017, exports rose by 2.4% (real: - 0.1%), while imports were stagnating (real: - 4.2%). The Chemical-Pharmaceutical Division was responsible for export growth: without this a minus of 2.5% would have resulted. The trade balance closed with a new record surplus of 10.8 billion francs.

Bank of Japan holds interest rate at -0.10%, as expected

Consumer confidence in Germany is clearly enjoying tailwind again in April - GfK

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