Switzerland January producer and import prices +0.3% vs +0.5% m/m prior
Latest data released by the Federal Statistics Office - 23 February 2021
Producer prices continue to show some improvement to start the new year but the annual figure still reflects more deflation pressures in the Swiss economy. Nothing that will really suggest a change of stance to SNB policy whatsoever.
- Prior +0.5%
- Producer and import prices -2.1% y/y
- Prior -2.3%