Latest inflation data now out
– -0.4% prev
– yy -1.3% as exp/prev
The Swiss statistics office say the renewed monthly drop in prices was driven by lower costs for fuel products, clothing and traffic.As a result, prices still eased 0.4% m/m when excluding fresh products andenergy prices while falling 0.9% on the year.Seasonal products saw the strongest monthly rise, increasing by 2.1%.