Switzerland November trade balance CHF 3.84 billion vs CHF 4.32 billion prior

• Prior CHF 4.32 billion; revised to CHF 4.20 billion

The Swiss trade surplus narrowed in November as exports were seen down 7.1% on the month while imports fell by 6.8% on the month. The Swiss numbers tend to be rather volatile, as they exclude precious metals and stones, works of art and antiques. As for Swiss watch exports, they are seen down 7.3% year-on-year in nominal terms to CHF 2.25 billion.

This article was written by Justin Low at investinglive.com.