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- Switzerland’s current account surplus rises to CHF18 billion in the second quarter
Switzerland’s current account surplus rises to CHF18 billion in the second quarter
The Swiss National Bank (SNB) released its current account data for the second quarter on Monday. Switzerland's current account surplus rose to CHF18 billion in the second quarter from CHF15 billion in the first quarter. The increase was largely driven by the drop in the expenses surplus on secondary income.
The trade in goods surplus climbed to CHF14 billion in the second quarter, while the trade in services surplus fell to CHF4 billion.
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