Swiss Producer & Import Prices YoY (Jan) Y/Y -2.2% (Prev. -1.8%)
The decline in Swiss producer and import prices year-on-year, from -1.8% to -2.2%, suggests a deeper contraction in pricing pressures than previously noted.
Iran Foreign Ministry spokesperson says there are discussions about the presence of IAEA's Grossi in the third round of negotiations, Iran International reports; adds that Iran is working on a draft for any possible understanding
India confirms it will be amending its tax treaty with France, dropping the most favoured nation clause
Swiss Producer & Import Prices YoY (Jan) Y/Y -2.2% (Prev. -1.8%)
Iran's Foreign Ministry says they hope to have another round of talks with the US in the coming days
Iranian Foreign Ministry spokesperson says media reports concerning an interim agreement with the US are unfounded, AJ Breaking reports
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This development may signal weakening demand or excess supply in the market, which could impact the Swiss National Bank's future monetary policy decisions, particularly in relation to inflation expectations and interest rates.
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