Switzerland December trade balance CHF 3.49 billion vs CHF 5.42 billion prior

• Prior CHF 5.42 billion; revised to CHF 6.11 billion

The Swiss trade surplus fell in December as exports slumped by 11.3% while imports were seen down just 0.8% on the month. Swiss watch exports are marked down by 5.4% year-on-year, reflecting some added softness in that particular area this season compared to a year ago.

This article was written by Justin Low at www.forexlive.com.