Investing.com – Switzerland's producer price index fell unexpectedly in October, official data showed on Monday.
In a report, the Swiss Federal Statistical Office said that its producer price index fell by a seasonally adjusted 0.4% in October, after falling by 0.1% in September.
Analysts had expected the producer price index to be flat at 0.0% in October.
Following the release of the data, the Swiss franc was down against the U.S. dollar, with USD/CHF gaining 0.15% to hit 0.9824.
In a report, the Swiss Federal Statistical Office said that its producer price index fell by a seasonally adjusted 0.4% in October, after falling by 0.1% in September.
Analysts had expected the producer price index to be flat at 0.0% in October.
Following the release of the data, the Swiss franc was down against the U.S. dollar, with USD/CHF gaining 0.15% to hit 0.9824.