Producer and import prices in Switzerland dropped 4.5 percent from a year earlier in May 2020, the steepest decline since March 2016, due to faster decreases in both import (-8.6 percent vs -7.8 percent in April) and producer prices (-2.4 percent vs -2.0 percent). On a monthly basis, producer and import prices were down 0.5 in May, after decreasing by 1.3 percent in the preceding month.
Producer Prices Change in Switzerland averaged 1.02 percent from 1964 until 2020, reaching an all time high of 18.66 percent in April of 1974 and a record low of -6.80 percent in August of 2015. This page provides the latest reported value for - Switzerland Producer Prices Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Switzerland Producer and Import Prices YoY - data, historical chart, forecasts and calendar of releases - was last updated on July of 2020.
Producer Prices Change in Switzerland is expected to be -3.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in Switzerland to stand at 0.40 in 12 months time. In the long-term, the Switzerland Producer and Import Prices YoY is projected to trend around 1.20 percent in 2021 and 1.50 percent in 2022, according to our econometric models.