Switzerland's PPI jumps in December

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Source: Forexpros
Swiss PPI increased unexpectedly in December, increasing for the first time in the last eight months. The index advanced by 0.3% on a seasonally adjusted basis last month after decreasing by 0.8% in the preceding month, reported the Swiss Federal Statistical Office. Experts projected the PPI to decline by 0.3% last month. Considering yearly changes, the PPI dropped by 2.3% last month as compared to a 2.8% decrease expected.


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