Federal Statistics Office - September 14 2020

PPI m/m Swiss
  • Prior 0.1%
  • Producer and import prices -3.5% y/y
  • Prior -3.3%

Rising Producing and import prices is seen by some as an early indication of inflation. Price here shows that pressure is firmly tilted to the downside. This keeps the SNB on their low interest rate path and there is no early sign of inflation here as the y/y data heads lower

PPi y/y Swiss