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In the second quarter of 2016, the current account surplus amounted to CHF 17 billion. This was CHF 3 billion less than in the year-back quarter, mainly due to a decline in the receipts surplus in primary income (labour and investment income). The receipts surplus in primary income was CHF 1 billion, compared to CHF 7 billion in the year-back quarter. By contrast, the second-quarter surplus of receipts from trade in goods and services increased year-on-year by CHF 17 billion to almost CHF 20fatcat:j6kk3ywhpndahmwq4gv5cqzfkm