Switzerland’s trade balance was once again at a surplus, recording 2.54 billion Swiss Francs, which is lower than the previous month’s revised CHF 3.159 billion and was lacking the estimated of CHF 3.330 billion. Exports were raised by 1.90% and imports are on the decline by -5.60% for the month of December. The end of the year results are at a record high surplus of CHF 36.61 billion. The Swiss exports have been struggling due to the Swiss currency pointing upwards which is affecting their export products. The Swiss Franc didn’t show any considerable movement with the Euro, having the EURCHF continue its modest upwards motion.
Aussie Inflation On The Rise
Daily Analysis - 27/01/2016