Switzerland May PPI +0.2% vs +0.4% m/m prior
Latest data released by the Swiss Federal Statistics Office - 13 June 2018
- Prior +0.4%
- PPI +3.2% vs +2.7% y/y prior
Slightly lower monthly growth estimate relative to April, but the yearly estimate continues to track higher. And that goes in line with the improving inflation figures in the Swiss economy. A minor data point, but at least shows the continuous uptrend in rough inflationary pressures.