Latest data released by the Federal Statistics Office - 15 October 2019
- Prior -0.2%
- Producer and import prices -2.0% vs -1.7% y/y expected
- Prior -1.9%
Producer prices continue to sink further and that's not a good sign, even if it is just a proxy indicator of inflationary pressures. The annual estimate shows that prices have slowed to their weakest pace since April 2016 and that has to be worrying for the SNB.
