Indicator analysis: Swiss producer prices rise unexpectedly

ForexNewsNow | Published on September 13, 2010 at 9:34 am

Indicator analysis - Swiss PPINEW YORK (Forex News Now) – Producer price inflation in Switzerland rose unexpectedly in August, official data showed on Monday in one of the day’s major realtime forex news events.

In a report that required quick indicator analysis, the Swiss statistics agency said its Producer Price Index rose 0.1 percent during the month, up from a drop of 0.5 percent in July.

Analysts had expected a slide of 0.1 percent in August, two major online FX trading news outlets reported.

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