BREAKING: Swiss PPI deflation eases on yearly basis🇨🇭 CHF stable

07:30 AM BST, Switzerland - Inflation Data for November:

PPI: actual -1.6% YoY; previous -1.7% YoY;
PPI: actual -0.5% MoM; previous -0.3% MoM;

The mix reading points to the slightly weaker yearly deflation, with falling pressure inreasing slightly from a previous month. The main drag on PPI came from import prices, which continue falling as an aftermath of CHF appreciation this year . The Swiss interest rates remian, however, at 0%, as SNB reiterated its will to avoid "undesireble effects" of negative policy rate.

Source: xStation%

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This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.

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