Switzerland December producer and import prices +0.5% vs -0.1% m/m prior

Author: Justin Low | Category: News

Latest data released by the Federal Statistics Office - 19 January 2021

  • Prior -0.1%
  • Producer and import prices -2.3% y/y
  • Prior -2.7%
A modest improvement in producer prices towards the end of last year, but the annual figure continues to sit in deflation territory and points to overall price pressures being more on the subdued side. As such, this won't change the SNB stance whatsoever.
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