Producer and import prices in Switzerland dropped 1.1 percent year-on-year in February of 2021, the least since January last year and following a 2.1 percent fall in the previous month. Still, it was the 26th month of deflation, as producer prices fell 0.9 percent (vs -1.2 percent) and import prices declined less 1.7 percent (vs -3.9 percent in January). On a monthly basis, producer and import prices were unchanged, after increasing by 0.3 percent in the previous month. The rise was mainly due to higher prices for petroleum products, as well as for basic metals and semi-finished metal products. Meanwhile, there were decreases in prices of pharmaceutical products. source: Swiss Federal Statistical Office

Producer Prices Change in Switzerland averaged 0.97 percent from 1964 until 2021, 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 April of 2021.

Producer Prices Change in Switzerland is expected to be -0.60 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 0.90 in 12 months time. In the long-term, the Switzerland Producer and Import Prices YoY is projected to trend around 1.20 percent in 2022, according to our econometric models.

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Switzerland Producer and Import Prices YoY

Actual Previous Highest Lowest Dates Unit Frequency
-1.10 -2.10 18.66 -6.80 1964 - 2021 percent Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-12-15 07:30 AM Nov -2.7% -2.9% -2.3%
2021-01-19 07:30 AM Dec -2.3% -2.7% -2.5%
2021-02-23 07:30 AM Jan -2.1% -2.3% -1.7%
2021-03-18 07:30 AM Feb -1.1% -2.1% -1.7%
2021-04-16 06:30 AM Mar -1.1% -0.9%
2021-05-17 06:30 AM Apr
2021-06-14 06:30 AM May
2021-07-13 06:30 AM Jun


News Stream
Swiss Producer and Import Prices Fall the Least in 13 Months
Producer and import prices in Switzerland dropped 1.1 percent year-on-year in February of 2021, the least since January last year and following a 2.1 percent fall in the previous month. Still, it was the 26th month of deflation, as producer prices fell 0.9 percent (vs -1.2 percent) and import prices declined less 1.7 percent (vs -3.9 percent in January). On a monthly basis, producer and import prices were unchanged, after increasing by 0.3 percent in the previous month. The rise was mainly due to higher prices for petroleum products, as well as for basic metals and semi-finished metal products. Meanwhile, there were decreases in prices of pharmaceutical products.
2021-03-18
Swiss Producer and Import Prices Fall for 25th Month
Producer and import prices in Switzerland fell 2.1 percent year-on-year in January of 2021, the least since February and following a 2.3 percent decrease in the previous month. Still, it was the 25th month of deflation, as producer prices fell 1.2 percent (the same pace as in December) and import prices slumped 3.9 percent (vs -4.5 percent in December). On a monthly basis, producer and import prices went up 0.3 percent, after increasing 0.5 percent in the previous month. The rise was mainly due to higher prices for scrap, petroleum products, as well as for basic metals and semi-finished metal products.
2021-02-23
Switzerland Producer Prices Fall for 24th Month
Producer and import prices in Switzerland decreased 2.3 percent year-on-year in December of 2020, the least since March and following a 2.7 percent slump in the previous month. Still, it was the 24th month of deflation as producer prices fell 1.2 percent (-1.3 percent in November) and import prices slipped 4.5 percent (vs -5.3 percent in November). On a monthly basis, producer and import prices increased 0.5 percent, after rising 0.1 percent in the previous month. Producer cost was boosted by petroleum products and scrap while import cost was higher due to petroleum products, petroleum and natural gas and basic metals and semi-finished metal products.
2021-01-19
Switzerland Producer Prices Fall for 23rd Month
Producer and import prices in Switzerland dropped 2.7 percent year-on-year in November of 2020. Prices fell for the 23rd month although at the slowest pace since March. Producer prices were down 1.3 percent, after falling 1.1 percent in October and import prices decreased 5.3 percent, compared to a 5.6 percent fall in the previous month. On a monthly basis, producer and import prices edged down 0.1 percent after a flat reading. In particular, lower prices for pharmaceutical preparations and petroleum products were responsible for the decrease in the producer price index compared with the previous month. In contrast, rising prices were seen for waste collection and materials recovery as well as for basic pharmaceutical products.
2020-12-15

Switzerland Producer and Import Prices YoY
In Switzerland, the Producer Price Index (PPI) is officially named “Producer and Import Price Index”. Producer price index measures the price development of goods that are produced and sold by enterprises operating within the country and the import price index measures the price development of imported goods. Only domestic sales are considered for the producer price index when combining the indices.