Looking at the breakdown, producer prices were down 0.3% while import prices were seen down 0.4% on the month. Compared to the same month last year, producer and import prices were seen down 1.8%. Overall, the recent trend will be one that the SNB can find comfort with.
Switzerland October producer and import prices -0.3% vs -0.1% m/m prior
- Latest data released by the Federal Statistics Office - 15 November 2024
