Federal Statistics Workplace – September 14 2020

PPI m/m Swiss
  • Prior 0.1%
  • Producer and import costs  -3.5% y/y
  • Prior -3.3%

Rising Producing and import costs is seen by some as an early indication of inflation. Value right here reveals that stress is firmly tilted to the draw back. This retains the SNB on their low rate of interest path and there’s no early signal of inflation right here because the y/y knowledge heads decrease

PPi y/y Swiss