Switzerland May producer and import prices +0.9% vs +1.3% m/m prior

  • Latest data released by the Federal Statistics Office - 15 June 2022
  • Prior +1.3%
  • Producer and import prices +6.9% y/y
  • Prior +6.7%

Another month, another increase in producer prices and that will continue to feed into the rising inflation trend. The SNB is starting to get to the edge of their seats and the market is looking for a pivot to come in September already.

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