Latest data released by the Swiss Federal Statistical Office - 18 April 2019
- Prior CHF 3.13 billion; revised to CHF 2.94 billion
- Exports +0.1% vs -0.6% m/m expected
- Prior +1.3%; revised to +1.5%
- Imports -3.2% vs +0.8% m/m expected
- Prior -3.0%
Exports surprised to the upside on the month while imports slumped heavily, resulting in the widening of the trade surplus. Not exactly a positive thing as external demand just barely improves but domestic demand is seen slumping heavily for a second month running.
It's not a major release by any means but it certainly doesn't convince that general trade conditions are improving in the region.
