Swiss September exports up 2.5pc despite strong franc

GENEVA : Swiss exports rose 2.5 percent to 16.6 billion francs (13.75 billion euros, $18.32 billion) in September despit

Published October 20, 2011 Updated October 20, 2011 08:41am

1 min

By Syed Murtaza Gheblehzadeh

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.

Read Comments