Latest data released by the Swiss Federal Statistics Office - 14 August 2018
- Prior +0.2%
- PPI +3.6% vs +3.5% y/y prior
Producer and import prices continue to march upwards - providing additional support for the inflation backstory in the Swiss economy. The data here isn't going to matter all too much as CPI/inflation figures are more important but this will continue to help justify the SNB's higher revision of inflation forecasts earlier in the quarter.
