Switzerland's PPI dropped by 0.2% last month

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Source: Forexpros
The PPI in Switzerland plunged by 0.2% on a seasonally adjusted basis in May as compared to an April's decline of 0.1%, reported the Swiss Federal Statistics Office. The data is in compliance with expectations. Considering yearly moves, the PPI decreased by 2.3% last month while analysts predicted the index to fall by 2.0%. After the data release, the Swiss Franc stayed higher against its US counterpart and USD/CHF traded at 0.9590, depreciating by 0.17%.
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Wed, 13 Jun 2012 13:07:42 GMT

Eurozone's industrial output slid in April

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Wed, 13 Jun 2012 17:39:42 GMT

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