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Switzerland May producer and import prices -0.3% vs +0.2% m/m prior

Switzerland May producer and import prices -0.3% vs +0.2% m/m prior
Prior +0.2%Looking at the breakdown for the month, producer prices actually increased by 0.4% in May but that is more than offset by the plunge in import prices - down by 1.8% on the month. The latter in particular mainly reflects cheaper energy prices, which has been a key contributer to lower price pressures across the European region this year. This article was written by Justin Low at www.forexlive.com... Read More
Posted: Jun 15 2023, 06:30
Author Name: forexlive
Views: 081237

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