Switzerland June trade balance CHF 4.10 billion vs CHF 3.41 billion prior

Latest data released by the Federal Statistics Office - 18 July 2019

• Prior CHF 3.41 billion; revised to CHF 3.40 billion

• Exports +0.1% m/m
• Prior -1.2%
• Imports -1.4% m/m
• Prior +0.7%

The trade surplus grew but it comes on the back of a minor improvement in exports and a considerable decline in imports/domestic demand on the month. That doesn't really paint a pretty picture as it continues to highlight sluggish export demand in the region over the past few months.