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.