• Switzerland producer and import price index fell by 0.2% compared with March 2018

Market news

15 April 2019

Switzerland producer and import price index fell by 0.2% compared with March 2018

According to the report from Federal Statistical Office (FSO), the Producer and Import Price Index increased in March 2019 by 0.3% compared with the previous month, reaching 102.2 points (December 2015 = 100). The rise is due in particular to higher prices for petroleum products. Compared with March 2018, the price level of the whole range of domestic and imported products fell by 0.2%.

Rising prices compared to the previous month were registered in the Producer Price Index, especially for petroleum products. Expensive was also scrap. Falling prices, however, showed other food.

The rise in the import price index compared to February 2019 was also primarily attributable to petroleum products. Higher prices also showed non-ferrous metals and their products, clothing, oil and natural gas. On the other hand, computers and pharmaceutical specialties became cheaper.

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