Latest data released by the Swiss Federal Statistics Office - 15 October 2018
- Prior 0.0%
- PPI +2.6% vs +3.1% y/y expected
- Prior +3.4%
A miss there on producer prices for the month of September. Not going to matter all too much though as the inflation outlook for the Swiss economy remains intact still. The release here is only a rough gauge of inflationary pressures.
USD/CHF holds just below 0.9900 currently with the swissie among the gainers so far today as risk sentiment is a little soft to begin the week.
