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. source: Swiss Federal Statistical Office

Producer Prices Change in Switzerland averaged 0.97 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 January 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
-2.30 -2.70 18.66 -6.80 1964 - 2020 percent Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-10-15 06:30 AM Sep -3.1% -3.5% -3.2%
2020-11-13 07:30 AM Oct -2.9% -3.1% -2.6%
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 -2.3%
2021-03-18 07:30 AM Feb
2021-04-16 06:30 AM Mar
2021-05-17 06:30 AM Apr


News Stream
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 Continue to Fall
Producer and import prices in Switzerland dropped 2.9 percent year-on-year in October of 2020, following a 3.1 percent fall in September, booking again the smallest decline since March. Producer prices were down 1.1 percent, the same as in September and import prices decreased 5.6 percent, also the same as in the previous month. On a monthly basis, producer and import prices were unchanged. Higher prices were notably seen for machinery and watches, while petroleum products as well as petroleum and natural gas became cheaper.
2020-11-13
Swiss Producer and Import Prices Fall the Least in 6 Months
Producer and import prices in Switzerland dropped 3.1 percent from a year earlier in September 2020, easing from a 3.5 percent drop in August. It was the smallest fall in producer and import prices since March, as both import (-5.6 percent vs -6.1 percent in August) and producer prices (-1.9 percent vs -2.2 percent) declined softer. On a monthly basis, producer and import prices inched up 0.1 in September, after declining by 0.4 percent in the preceding month.
2020-10-15

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.