Producer and import price inflation in Switzerland eased to 0.6 percent year-on-year in December of 2018 from 1.4 percent in the previous month. It was the lowest producer and import price inflation rate since August last year, as import prices slowed to 0.9 percent (from 2.9 percent in November) and producer inflation declined to 0.4 percent (from 0.7 percent). On a monthly basis, producer and import prices went down 0.6 percent, after a 0.3 percent fall in the prior month and worse than market expectations of a 0.1 percent drop. Producer Prices Change in Switzerland averaged 1.09 percent from 1964 until 2018, 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.
Producer Prices Change in Switzerland is expected to be 2.30 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 2.30 in 12 months time. In the long-term, the Switzerland Producer and Import Prices YoY is projected to trend around 2.00 percent in 2020, according to our econometric models.