Driven by rising prices, Swiss foreign trade increased significantly in nominal terms in 2022. Although exports rose by 7.2%, they stagnated in price-adjusted terms. Meanwhile, imports grew by 16.8% in nominal terms and edged up slightly in real terms. Trade declined in both directions in the fourth quarter. The year ended with a trade surplus of CHF 43.5 billion. In brief: ⇑ Exports: watches and jewellery set new records ⇑ Exports to Slovenia and Italy soared...
Read More »Swiss Trade Balance April 2021: Exports Stagnate at a High Level
After jumping 5.9% in March, exports stagnated in April, however, rising to a high level of 20 billion francs. Imports confirmed their vitality in previous months, up 3.5% to 16.8 billion francs (actual: + 2.2%). The trade balance closes with a surplus of 3.3 billion francs. Switzerland Trade Balance, April 2021(see more posts on Switzerland Trade Balance, ) Source: Investing.com - Click to enlarge [embedded content]...
Read More »Coronavirus: Federal Council declares ‘extraordinary situation’ and introduces more stringent measures
Bern, 16.03.2020 – At an extraordinary meeting today, 16 March 2020, the Federal Council took the decision to introduce more stringent measures to protect the public. It has declared that an ‘extraordinary situation’ now exists in Switzerland in terms of the Epidemics Act. All shops, restaurants, bars and entertainment and leisure facilities will remain closed until 19 April. Not affected by the new ruling are food stores and healthcare institutions. As of...
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