Switzerland November producer and import prices -0.1% vs 0.0% m/m prior

Author: Giles Coghlan | Category: News

Federal Statistics Office - 13 November 2020

Swiss producer prices 
  • Producer and import prices -2.7% y/y
  • Prior -2.9%
Price pressures are still relatively subdued overall in the Swiss economy. This just reaffirms the need for the SNB to keep their current policy stance amid deflation risks. SNB have the lowest interest rates of all the world's major central banks at -0.75%.

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