AFP
Oct 20, 2011
Swiss September exports up 2.5% despite strong franc
AFP
Oct 20, 2011
 Jean-Daniel Pasche, President of the Federation of the Swiss Watch Industry / Photo: DR |
Watch exports were up 21 percent to 1.76 billion francs during the month, while jewellery exports jumped 56 percent to 697 million francs.
However, chemicals -- the biggest export sector, was down 1.8 percent during the month to 5.89 billion francs.
Likewise machinery also posted a drop of 3.3 percent in exports to 3.07 billion francs.
Overall imports meanwhile rose 0.7 percent to 14.8 billion francs, led by a 21.8 percent jump in demand for energy products.
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