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.