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Swiss Exports Fall in October, Snapping Two Months of Increases

Nov. 20 (Bloomberg) -- Swiss exports fell in October, snapping two months of advances.

Foreign sales, adjusted for inflation and seasonal swings, declined 16.5 percent from September, when they rose a revised 2.9 percent, the Federal Customs Office in Bern said in an e-mailed statement today. Imports declined 8.2 percent after advancing a revised 4.6 percent in the previous month.

The trade surplus expanded to 2.82 billion Swiss francs from 1.93 billion francs in September.

To contact the editor on this story: Zoe Schneeweiss in Zurich at zschneeweiss@bloomberg.net

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