Swiss Cheese Exports Suffer as Franc Ups Euro-Competition: Chart
An employee tests a whole cheese for holes in the fermenting cellar at a dairy in Hupfenboden, Switzerland.
Photographer: Gianluca Colla/BloombergThis article is for subscribers only.
Swiss cheese exports to the euro-area were challenged last year as the franc’s surge against the common currency made the product more expensive. The end of milk quotas in the European Union also intensified competition in the region, Switzerland’s cheese industry’s main market, according to data for the sector.