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