Latest data released by the Federal Statistics Office - 19 December 2019
- Prior 3.50 billion; revised to CHF 3.54 billion
- Exports -0.8% m/m
- Prior -1.3%; revised to -1.2%
- Imports +0.5% m/m
- Prior -2.4%; revised to -3.5%
Exports continue to show signs of a struggle but the bright side is that domestic demand is seen improving a little last month. Nonetheless, this just reaffirms sluggish trade conditions in the region and that will keep Swiss economic conditions more tepid in Q4.
