Switzerland's foreign trade surplus increased somewhat in the second quarter as imports fell faster than exports, data from the Federal Customs Administration showed on Thursday.
The trade balance rose to CHF 13.4 billion in the second quarter from CHF 13.0 billion in the first quarter. In the same period last year, the surplus was CHF 9.5 billion.
In nominal terms, exports declined 5.3 percent in the June quarter, reversing a 3.9 percent growth in the March quarter. Similarly, imports fell 7.1 percent versus a 7.6 percent surge in the first quarter.
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