Tue, 20 Nov 2012 12:51:43 GMT
Swiss trade surplus widens in October
Swiss trade surplus widened significantly in October, according to data released by the Federal Customs Administration. The trade surplus jumped from CHF 1.93 billion in September to CHF 2.8 billion in October. However, the exports dropped 7.7% adjusted to year-on-year basis in October, after a decline of 6.4% the prior month. Meanwhile, the imports rose 4.6% year-on- year last month,