European Economic News

Amended: Swiss Trade Surplus Increases In May

Correcting currency in the second paragraph

Switzerland's trade surplus surged in May due to an increase in exports, the Federal Customs Administration said Thursday.

The trade surplus almost doubled to CHF 2.48 billion in May from CHF 1.25 billion a month ago.

Exports rose 1.8 percent month-on-month, reversing a 0.7 percent fall in the previous month. Meanwhile, imports slipped 0.1 percent after rising 3.1 percent in April.

by RTTNews Staff Writer

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