FOREX TradingCharts.com

Financial News: Swiss Exports Rise In May

Swiss Exports Rise In May

06/21/2022 - 05:08:00 (RTTNews)

(RTTNews) - Switzerland's exports grew for the first time in three months in May, data from the Federal Customs Administration showed on Tuesday.

Exports climbed by a real 2.4 percent month-on-month in May, reversing a 0.2 percent fall in April.

Imports rose sharply by 7.1 percent from April, when they fell by 4.2 percent. Moreover, this was the fastest monthly growth in two years.

In nominal terms, exports gained 1.2 percent in May and imports surged 10.3 percent.

The latest upturn in exports was driven primarily by outflows of jewelry, vehicles, and precision instruments.

Imports of chemical-pharmaceutical products, jewelry, and vehicles increased notably in May, while only energy products declined.

The trade surplus shrank to CHF 2.028 billion in May from CHF 3.611 billion in April.

According to the Federation of the Swiss Watch Industry, watch exports grew 13.6 percent year-on-year in May.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2022 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Eurozone Investor Confidence Hits 26-Month Low (11 hr(s), 11 min(s), 43 sec(s) ago)
(RTTNews) - Eurozone investor confidence weakened notably to a 26-month low in July, raising fears ...Full Story»

Germany Trade Balance Swings To Deficit; Exports Unexpectedly Fall (12 hr(s), 07 min(s), 43 sec(s) ago)
(RTTNews) - Germany's trade balance logged an unexpected deficit in May as trade disruption da ...Full Story»

Spain Unemployment Lowest Since 2008 (13 hr(s), 09 min(s), 43 sec(s) ago)
(RTTNews) - Spain unemployment declined sharply in June to the lowest since October 2008, the labo ...Full Story»

Latvia Industrial Production Grows In May (13 hr(s), 12 min(s), 43 sec(s) ago)
(RTTNews) - Latvia's industrial production advanced in May, primarily driven by robust growth ...Full Story»

Eurocoin Indicator Falls In June (13 hr(s), 36 min(s), 43 sec(s) ago)
(RTTNews) - An indicator reflecting the current economic situation in the euro area fell in June, ...Full Story»

Swiss Inflation At 29-Year High (13 hr(s), 42 min(s), 43 sec(s) ago)
(RTTNews) - Switzerland's consumer price inflation rose to the highest level since 1993, data ...Full Story»

Australia ANZ Job Ads Increase In June (14 hr(s), 04 min(s), 43 sec(s) ago)
(RTTNews) - Australia's job advertisements rose again in June and exceeded the recent pack see ...Full Story»

Eurozone PPI Inflation Eases More Than Forecast (14 hr(s), 07 min(s), 43 sec(s) ago)
(RTTNews) - Eurozone producer price inflation slowed more than expected in May, after reaching a n ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Eurozone Investor Confidence Hits 26-Month Low

07/04/2022 - 08:51 AM (RTTNews)
(RTTNews) - Eurozone investor confidence weakened notably to a 26-month low in July, raising fears ...Full Story>>

Germany Trade Balance Swings To Deficit; Exports Unexpectedly Fall

07/04/2022 - 07:55 AM (RTTNews)
(RTTNews) - Germany's trade balance logged an unexpected deficit in May as trade disruption da ...Full Story>>

Spain Unemployment Lowest Since 2008

07/04/2022 - 06:53 AM (RTTNews)
(RTTNews) - Spain unemployment declined sharply in June to the lowest since October 2008, the labo ...Full Story>>

Latvia Industrial Production Grows In May

07/04/2022 - 06:50 AM (RTTNews)
(RTTNews) - Latvia's industrial production advanced in May, primarily driven by robust growth ...Full Story>>

Eurocoin Indicator Falls In June

07/04/2022 - 06:26 AM (RTTNews)
(RTTNews) - An indicator reflecting the current economic situation in the euro area fell in June, ...Full Story>>

Do not sell my personal information

Copyright © 2022. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.