Switzerland May trade balance CHF 5.48 billion vs CHF 2.60 billion prior

• Prior CHF 2.60 billion; revised to CHF 2.56 billion

The Swiss trade surplus expanded strongly in May as exports were seen up a whopping 21.1% on the month while imports grew by 7.3% on the month. Switch watch exports were seen up 14.4% in May compared to a year ago, in nominal terms at least.