Swiss trade surplus grew in May more than expected

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Source: Forexpros

On Thursday, Switzerland's Federal Statistics Office reported that the Swiss trade surplus increased to CHF2.48 billion in the last month from the April's figure of CHF1.26 billion, which is a revised down figure from CHF1.33 billion. Analysts, however, expected that the May's trade surplus would be CHF1.97 billion.

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Thu, 21 Jun 2012 10:37:04 GMT

Retail sales in the U.K. gained 1.4% in May

U.K. retail sales gained more than expected, after a sharp fall in April. U.K. Office for National Statistics reported that retail sales grew by 1.4% in May on a seasonally adjusted basis, whereas initial forecast was that it would rise only by 1.2%. The figure for April was revised down from a 2.3% decline, reaching a 2.4% fall.

Thu, 21 Jun 2012 09:15:03 GMT

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