Swiss Trade Surplus Increases In July

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Thursday, the Federal Customs Administration said Switzerland's trade surplus increased to CHF 2.35 billion in July from CHF 1.5 billion in June.

In real terms, exports slipped 15.1% in July from the previous year and imports dropped 14%. Month-on-month, exports grew 4.1% in July, while imports declined 1.7%.

During January to July, exports totaled CHF 105.19 billion and imports stood at CHF 93.92 billion, resulting in a surplus of CHF 11.27 billion.

Thursday, the Federal Customs Administration said Switzerland's trade surplus increased to CHF 2.35 billion in July from CHF 1.5 billion in June. (Market News Provided by RTTNews)