Switzerland June producer and import prices -0.5% vs 0.0% m/m prior

Author: Justin Low | Category: News

Latest data released by the Federal Statistics Office - 15 July 2019

  • Prior 0.0%
  • Producer and import prices -1.4% y/y
  • Prior -0.8%
Ouch. Despite this being only a proxy indicator of inflationary pressures, it's still not a positive sign and does not reflect well on the direction inflation is headed towards in the Swiss economy. I reckon the bright side is at least core inflation is still holding up well relative to the trend that we're seeing in producer prices.

By continuing to browse our site you agree to our use of cookies, revised Privacy Notice and Terms of Service. More information about cookiesClose