Switzerland January producer and import prices 0.0% vs +0.1% m/m prior

Author: Justin Low | Category: News

Latest data released by the Federal Statistics Office - 14 February 2020

  • Prior +0.1%
  • Producer and import prices -1.0% y/y
  • Prior -1.7%
Producer prices stagnate on the month but the bright side is that relative to a year ago, we are seeing deflation pressures ease a little bit more. However, the overall picture still points to poor price pressures all around and that will keep the SNB where it is right now.

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