Latest data released by the Federal Statistics Office - 19 November 2019
- Prior CHF 4.02 billion; revised to CHF 4.05 billion
- Exports -1.3% m/m
- Prior +2.5%; revised to +2.7%
- Imports -2.4% m/m
- Prior -1.3%
Flagging exports and imports for the month of October continue to hint at weakening trade conditions to start Q4. Although it is but a small contributor, it just reaffirms that the Swiss economy is in sluggish shape as we look towards the end of the year.
