• Prior -0.1%
  • Producer and import prices +5.5% y/y
  • Prior +6.3%

The breakdown shows that Swiss producer prices increased by 0.2% on the month but was offset by a 0.8% decline in import prices. Despite some moderation, price pressures are still relatively elevated but at least there are signs that they aren't blowing up as is the case in other parts of Europe.