Switzerland December producer and import prices +0.1% vs -0.4% m/m prior
Latest data released by the Federal Statistics Office - 17 January 2020
- Prior -0.4%
- Producer and import prices -1.7% y/y
- Prior -2.5%
A mild improvement in producer prices to cap off a sluggish year with the annual reading sitting firmly in deflation territory after a continuous fall throughout 2019. The data here is a proxy for inflation pressures and will continue keep the SNB on its toes.