Switzerland February producer and import prices -0.9% vs 0.0% m/m prior

Latest data released by the Federal Statistics Office - 16 March 2020

  • Prior 0.0%
  • Producer and import prices -2.1% y/y
  • Prior -1.0%

Swiss producer prices slumped and the annual change continues to sit in deflation territory after brief signs of a recovery. The oil price drop isn't going to do price pressures much good in the coming months and this should eventually feed through to consumer prices.

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