Switzerland May trade balance CHF 4.95 billion vs CHF 3.84 billion prior

Latest data released by the Federal Statistics Office

• Prior CHF 3.84 billion; revised to CHF 3.77 billion

• Exports +2.6% m/m
• Prior +0.1%; revised to -0.3%
• Imports -1.1% m/m
• Prior +2.2%; revised to +1.3%

A bit of a mixed picture as the trade surplus expanded with exports growing while imports slumped a little last month. But as a trend, overall conditions are still working their way to pre-pandemic levels so that's still the only key takeaway.