Switzerland's producer and import prices climbed 6.9 percent from a year earlier in May of 2022, accelerating from a 6.7 percent gain in April. It was the highest producer and import price inflation since September of 1981, driven by faster increases in import prices (11.9 percent vs 11.3 percent in April), while producer prices continued to rise (4.4 percent vs 4.5 percent). On a monthly basis, producer and import prices gained 0.9 percent in May, easing from a 1.3 percent growth in the prior month, which was the highest level since January 1985, with upward pressure mainly coming from prices of petroleum and chemical products. By contrast, prices fell for non-ferrous metals and products and computers. source: Swiss Federal Statistical Office
Producer Prices Change in Switzerland averaged 1.04 percent from 1964 until 2022, 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 July of 2022.
Producer Prices Change in Switzerland is expected to be 3.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Switzerland Producer and Import Prices YoY is projected to trend around 1.50 percent in 2023 and 2.00 percent in 2024, according to our econometric models.