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

  • Prior +0.5%
  • Producer and import prices -3.3% y/y
  • Prior -3.5%

Producer prices improve a little on the month but are still keeping at relatively subdued levels compared to a year ago. This will just reaffirm the commitment by the SNB to maintain their current policy stance given that price pressures are extremely weak.