Swiss trade surplus at 4.1B Swiss francs in July - Breaking The News

Swiss trade surplus at 4.1B Swiss francs in July

20 August

1 min read

UNSPLASH / OLA IVASHENKO

Switzerland's trade surplus came in at 4.1 billion Swiss francs in July, the country's Federal Customs Administration (BAZG) revealed in a report published on Tuesday.

Month on month, exports fell 2.7% in nominal terms to 22.5 billion Swiss francs and imports gained 0.3% to 18.3 billion Swiss francs.

Exports to North America climbed by 1.7% and those to the United States by 1.8%. Deliveries to Europe dropped by 4.6%, while in Asia they decreased by 3.7%. Imports from North America soared by 11.9%, from the United States by 14.0%, and those from Asia increased by 0.6%. Meanwhile, imports from Europe dropped by 3.1%.

trade balance data

German industrial output up by 3% in March

5 hours ago

Industrial production in the German manufacturing sector advanced by 3% on a monthly basis in March, the country's Federal Statistical Office Destatis said in a provisional report released on Thursday. Compared to the corresponding month last year, the figure dropped 0.2%.In March, compared to the previous month, the production of consumer and capital goods increased by 4.9%, and that of intermediate goods jumped by 1.1%. Also, the construction industry...

UK house prices up by 3.2% in April

5 hours ago

The annual rate of house price growth in the United Kingdom reached 3.2% in April, the Halifax House Price Index report showed on Thursday. The house prices rose by 0.3% compared to the previous month. Both figures came in above analysts' expectations. Meanwhile, the average house price stood at £297,781 in the reported month."We know the stamp duty changes prompted a surge in transactions in the early part of this year, as buyers rushed to beat...

German trade surplus up to €21.1B in March

5 hours ago

Germany's calendar and seasonally adjusted foreign trade surplus stood at €21.1 billion in March, rising from February's figure of €17.7 billion, according to a report released by Destatis on Thursday. The figure was higher than analysts had anticipated.Exports amounted to €133.2 billion, increasing 1.1% month on month and climbing 2.3% compared to March 2024. Exports to the European Union amounted to €72.3 billion, while exports to third countries stood at...

EIA: US crude inventories down by 2M barrels

21 hours ago

United States crude oil stockpiles declined by 2 million barrels, coming in at 438.4 million barrels in the week ending May 2, the US Energy Information Administration shared in its report on Wednesday.The crude oil refinery inputs in the country averaged 16.1 million barrels per day, falling by 7,000 barrels per day from the average registered in the week prior. Refineries operated at 89% of their capacity, while gasoline production rose to an average of 9.7...

This website uses cookies to ensure you get the best experience. Our Terms of Use and Data Protection Policy explain the data we collect, why we collect them, and how we may share them.