Switzerland trade balance narrows
Switzerland trade balance for November narrowed to 2.14 billion from the revised prior surplus of 2.44 from 2.46 billion, we see that exports inclined to 1.6% from the upwards revision of 0.9% from 0.15 while imports fell to 0.6% from revised 1.0% from 0.6%.
Switzerland posted a record trade surplus in July and although the pace of export growth slowed, the economy is expected to maintain momentum in the third quarter.