BREAKING: Swiss producer prices decline🇨🇭EURCHF ticks up 📈

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

PPI: actual -0.7% YoY; previous -0.5% YoY;
PPI: actual -0.5% MoM; forecast 0.1% MoM; previous 0.1% MoM;

The overall decline in key commodity prices—such as petrol, natural gas, and base metals—was the main driver behind the negative reading, with pharmaceuticals being the notable exception. Data adds further support to expectations of a rate cut at Thursday's SNB policy meeting.

Source: xStation5

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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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BREAKING: Swiss producer prices decline🇨🇭EURCHF ticks up 📈

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