logo
Plus   Neg
Share
Email

Swiss Exports Fall In October

Switzerland's exports declined in October after rising in the previous month and imports fell for the second straight month, data from the Federal Customs Administration showed on Tuesday.

Exports declined by real 1.3 percent month-on-month in October, after a 2.7 percent rise in September.

On a monthly basis, imports fell 2.4 percent in October, following a 1.3 percent in the previous month.

In nominal terms, exports and imports decreased by 5.3 percent and 2.4 percent, respectively, in October.

The trade surplus fell to CHF 2.389 billion in October from CHF 3.047 billion in the preceding month.

According to the Federation of the Swiss Watch Industry, watch exports rose 1.5 percent year-on-year in October.

For comments and feedback contact: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.

Follow RTT
>