Thursday, September 20, 2007

Swiss August Trade Surplus Weakens More Than Expected

Sep 20, 2007 - The Swiss trade surplus amounted to CHF637.1 million in August, the Federal Administration of Customs said Thursday. The number came in weaker than the expected surplus of CHF0.93 billion. The trade surplus narrowed from CHF1.51 billion recorded in July. However, the trade surplus showed an annual growth of 15.5%

Exports grew 9.7% in real terms and imports climbed 6.3% in August. In nominal terms, exports were up 9.1% to CHF14.54 billion and imports increased 8.8% to CHF13.90 billion.

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