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.