Earlier today CHF Producer & Import Prices (YoY) were released and came in higher than expected at +.5% when the expected number was actually +.3%.
Take Away Point:
This number tracks Swiss inflation for producer and import prices. This specific report data compares year over year data. This indicator is illusrating that there is support for Swiss franc appreciation. The reason for this is due to the fact that inflationary pressure is almost always met an increase in interest rates by the Swiss central bank.