Thu, 20 Feb 2014 09:59:39 GMT
Swiss trade balance climbs as exports rise and imports fall
The positive trade balance of Switzerland unexpectedly surged twice more than predicted in January of 2014, exceeding the December data five times. The surplus advanced to 2.59 billion francs, up from 521 million francs in December. On the monthly basis, exports jumped 2.5%, however, imports slipped 2.3%. Also, the data showed a 5.6% increase in exports of watches.