Navigation

Skiplink Navigation

Main Features

Exports begin to pick up again

Switzerland recorded a 3.3 per cent nominal increase in exports in February to SFr14.9 billion ($14.1 billion), with most branches recording higher figures.

The demand came in particular from Asia and North America in another sign that the country’s economy is recovering.

In a statement, the customs authorities said that exports were “feeling the effects of spring”, although it noted that in real terms – that means taking inflation into account – they went down by 0.9 per cent.

The value of watchmaking exports was up by 14.2 per cent, while the metal industry posted a 12.3 per cent rise compared with the previous month.

Imports were down by a nominal 0.9 per cent to SFr13.6 billion, leaving a trade surplus of SFr1.3 billion.

Government economists earlier this week revised their 2010 growth forecast for the Swiss economy upwards from 0.7 per cent to 1.4 per cent.

swissinfo.ch and agencies


Links

Neuer Inhalt

Horizontal Line


subscription form

Form for signing up for free newsletter.

Sign up for our free newsletters and get the top stories delivered to your inbox.







Click here to see more newsletters

swissinfo EN

The following content is sourced from external partners. We cannot guarantee that it is suitable for the visually or hearing impaired.

Join us on Facebook!

×