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Financial News: Swiss Exports Grow In September

Swiss Exports Grow In September

10/17/2019 - 07:34:00 (RTTNews)

(RTTNews) - Switzerland's exports rebounded in September, while imports declined, data from the Federal Customs Administration showed on Thursday.

Exports rose 2.5 percent month-on-month in September, after a 3.9 percent fall in August. This was the first increase in three months.

On a monthly basis, imports fell 1.3 percent in September, reversing a 1.4 percent growth in the previous month.

Exports fell 1.0 percent sequentially in the third quarter, following a 0.9 percent decrease in the previous quarter.

On a quarterly basis, imports rose 0.5 percent in the third quarter, following a 0.9 percent growth in the preceding quarter.

The trade surplus deceased to CHF 5.9 billion in the third quarter compared to CHF 6.3 billion in the prior quarter.

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