• Swiss trade balance rose less than expected in July

Market news

21 August 2018

Swiss trade balance rose less than expected in July

After a stagnation in the previous month, exports and imports developed negatively. While exports fell by a seasonally adjusted 3.0 percent in July 2018, imports fell by 2.8 percent. The development of the Chemical-Pharmaceuticals division burdened the overall results of both traffic directions. The surplus on the trade balance stood at 1.2 billion francs.

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