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Swiss Producer & Import Prices Rise As Expected

Switzerland's producer and import prices increased as expected in August, data published by the Federal Statistical Office revealed Thursday.

Producer and import prices advanced 3.4 percent year-on-year in August, in line with expectations.

Month-on-month, producer and import prices remained flat in August. The figure also matched consensus estimate.

Producer prices edged up 0.1 percent monthly and grew 2.2 percent from a year earlier. Import prices showed no variations from July, while it advanced 5.7 percent from August 2017.

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