Latest data released by the Federal Statistics Office - 14 March 2019

  • Prior -0.7%
  • Producer and import prices -0.7% vs -1.0% y/y expected
  • Prior -0.5%

Slight improvement on the month for producer prices but it doesn't change the fact that on an annual basis the reading still shows a decline, which isn't a good sign with regards to inflationary pressures. A minor data point on the day though. USD/CHF holds flat at 1.0041 currently, stuck in a narrow range.