Switzerland's producer and import prices continued to decline in July, data from the Federal Statistical Office showed on Thursday.
Producer and import prices dropped 0.9 percent year-on-year in July, faster than the 0.7 percent decrease in June. The price index has been falling since May 2023.
The producer price index showed a flat change, while import prices dropped by 2.8 percent.
On a monthly basis, producer and import prices dropped 0.2 percent in July after falling 0.1 percent in the prior month. Meanwhile, prices were expected to remain flat.
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