Switzerland April PPI +0.4% vs -0.2% m/m prior
Latest data released by the Swiss Federal Statistics Office - 15 May 2018
- Prior -0.2%
- PPI +2.7% vs +2.0% y/y prior
An improvement in producer and import prices for April. But it's a minor data point, a rough gauge of inflationary pressures. The SNB's outlook on inflation is the more focal data point for Swiss readings.
But still, doesn't hurt if inflationary pressures continues to trend upwards.