Switzerland March producer and import prices +0.3% vs +0.2% m/m expected

Author: Justin Low | Category: News

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

  • Prior +0.2%
  • Producer and import prices -0.2% vs -0.3% y/y expected
  • Prior -0.7%
Producer prices improve again on the month but on an annual basis, remains lower relative to March last year. The release here is a rough gauge of inflationary pressures in the Swiss economy and basically highlights that there is still much improvement needed if the SNB is to even consider normalising monetary policy.

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