Producer and import prices in Switzerland were 1.7 percent lower from a year earlier in December 2019, following a 2.5 percent drop in the previous month and compared to market consensus of a 2.5 percent fall. It was the twelfth straight yearly decline in producer and import prices, amid decreases in both import (-3.2 percent vs -4.8 percent in November) and producer prices (-1.0 vs -1.2 percent). On a monthly basis, producer and import prices inched higher 0.1 percent in December, after falling 0.4 percent in the preceding month.
Producer Prices Change in Switzerland averaged 1.05 percent from 1964 until 2019, 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.
Producer Prices Change in Switzerland is expected to be -1.20 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 1.10 percent in 2020, according to our econometric models.