En octobre 2024, les exportations désaisonnalisées – dopées par la pharma – ont bondi de 10,2%, pour s’élever à un niveau record. Celles-ci accusaient toutefois encore une évolution légèrement négative au cours des trois mois précédents. Les importations ont pour leur part progressé de 1,8% par rapport à septembre. En raison de l’évolution disparate entre les deux directions du trafic, la balance commerciale boucle avec un excédent record de 6,0 milliards de francs....
Read More »Record exports in the 2nd quarter of 2024
After a tepid first quarter, Swiss foreign trade regained momentum in the second quarter of 2024. In seasonally adjusted terms, exports jumped by 6.6% and reached a record level. Imports increased by 2.2%. The trade balance closes with a historic quarterly surplus of 12.4 billion francs. In short Exports of raw materials and chemical bases doubled year-on-year Watch exports: stagnation at a high level Boom in the drug trade Flourishing trade with Slovenia, France...
Read More »L’OFDF mandate un prestataire de service de base pour la RPLP
Le renouvellement et la modernisation du système pour la perception de la redevance sur le trafic des poids lourds liée aux prestations (RPLP) prennent forme. Les détenteurs de véhicules immatriculés en Suisse pourront à l’avenir choisir entre des systèmes de saisie proposés par différents prestataires. Le service de base relatif à la RPLP sera assuré par NATRAS AG, une société de saisie des données fondée en janvier 2024 et mandatée par l’Office fédéral de la douane...
Read More »Swiss Trade Balance November 2022: pharmaceuticals weigh down exports
We do not like Purchasing Power or Real Effective Exchange Rate (REER) as measurement for currencies. For us, the trade balance decides if a currency is overvalued. Only the trade balance can express productivity gains, while the REER assumes constant productivity in comparison to trade partners. Who has read Michael Pettis, knows that a rising trade surplus may also be caused by a higher savings rate while the trade partners decided to spend more. This is partially...
Read More »Swiss Trade Balance October 2022: declining foreign trade
We do not like Purchasing Power or Real Effective Exchange Rate (REER) as measurement for currencies. For us, the trade balance decides if a currency is overvalued. Only the trade balance can express productivity gains, while the REER assumes constant productivity in comparison to trade partners. Who has read Michael Pettis, knows that a rising trade surplus may also be caused by a higher savings rate while the trade partners decided to spend more. This is partially...
Read More »Swiss Trade Balance 3nd quarter 2022: foreign trade remains in rise
We do not like Purchasing Power or Real Effective Exchange Rate (REER) as measurement for currencies. For us, the trade balance decides if a currency is overvalued. Only the trade balance can express productivity gains, while the REER assumes constant productivity in comparison to trade partners. Who has read Michael Pettis, knows that a rising trade surplus may also be caused by a higher savings rate while the trade partners decided to spend more. This is partially...
Read More »Swiss Trade Balance 2nd quarter 2022: 8th consecutive quarterly increase
We do not like Purchasing Power or Real Effective Exchange Rate (REER) as measurement for currencies. For us, the trade balance decides if a currency is overvalued. Only the trade balance can express productivity gains, while the REER assumes constant productivity in comparison to trade partners. Who has read Michael Pettis, knows that a rising trade surplus may also be caused by a higher savings rate while the trade partners decided to spend more. This is partially...
Read More »Swiss Trade Balance May 2022: surge in imports towards a level record
We do not like Purchasing Power or Real Effective Exchange Rate (REER) as measurement for currencies. For us, the trade balance decides if a currency is overvalued. Only the trade balance can express productivity gains, while the REER assumes constant productivity in comparison to trade partners. Who has read Michael Pettis, knows that a rising trade surplus may also be caused by a higher savings rate while the trade partners decided to spend more. This is partially...
Read More »Swiss Trade Balance Q1 2022: foreign trade chain record upon record
We do not like Purchasing Power or Real Effective Exchange Rate (REER) as measurement for currencies. For us, the trade balance decides if a currency is overvalued. Only the trade balance can express productivity gains, while the REER assumes constant productivity in comparison to trade partners. Who has read Michael Pettis, knows that a rising trade surplus may also be caused by a higher savings rate while the trade partners decided to spend more. This is partially...
Read More »Swiss Trade Balance February 2022: chemicals-pharma propels exports to a record level
We do not like Purchasing Power or Real Effective Exchange Rate (REER) as measurement for currencies. For us, the trade balance decides if a currency is overvalued. Only the trade balance can express productivity gains, while the REER assumes constant productivity in comparison to trade partners. Who has read Michael Pettis, knows that a rising trade surplus may also be caused by a higher savings rate while the trade partners decided to spend more. This is partially...
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