Switzerland July producer and import prices +0.1% vs +0.5% m/m prior
Latest data released by the Federal Statistics Office - 14 August 2020
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.
- Prior +0.5%
- Producer and import prices -3.3% y/y
- Prior -3.5%