empty
 
 

2018.09.2002:25:00UTC+00Swiss Trade Surplus Increases On Exports

Switzerland's trade surplus increased in August on higher exports amid another fall in imports, data from the Federal Customs Administration showed Thursday.

The trade surplus rose to a four-month high of CHF 1.4 billion from CHF 1.2 billion in July. This was the highest since April.

Exports grew 0.6 percent month-on-month, reversing a 2 percent drop in July. Meanwhile, imports declined at a faster pace of 2.8 percent after falling 1.3 percent a month ago.

Another report from the Federation of the Swiss Watch Industry FH showed that watch exports advanced 5.5 percent year-on-year to reach CHF 1.5 billion in August.

The cumulative figure for watch industry exports since January totaled CHF 13.8 billion.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $9000 more!
    In May we raffle $9000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback