Swiss Trade Surplus Falls In November

(RTTNews) - Switzerland's trade balance showed a surplus of CHF 1.9 billion in November, less than CHF 2.05 billion recorded in October, the Federal Customs Administration said Tuesday.

The trade balance was 5% lower than a year earlier. During the month, exports increased 7.4% in November, faster than a 1.9% growth in the previous month.

At the same time, imports grew 11.3%, compared to a 6.2% increase in October. During January to November period, exports grew 7% compared to the same period last year and imports were up 8%.