FXstreet.com (Barcelona) - Swiss trade balance obtained a wider than expected surplus in January, as exports posted a sharper increase than imports, according to the Swiss Statistics Bureau.

In January, Swiss trade balance posted a CHF 1.2 billion surplus, from a 0.19 billion surplus posted in the previous month. The 3.8% year-on-year increase of exports is the main reason behind this better than expected data, experts advanced a 0.8 billion surplus.

On the other side, imports grew 4.8% on the year in nominal terms.