Swiss trade surplus drops in August

Source: WBP Online
© ScanPix/Reuters
Switzerland's trade surplus declined considerably in August, as the strength of the Swiss Franc weighed on exports, official data revealed on Tuesday. The trade surplus fell to ₣2.87 billion in the reported month from ₣3.58 billion in July. Analysts expected a balance of ₣2.77 billion. Meanwhile, experts claim that the Swiss economy will remain subdued until the end of the current year. 
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