Swiss producer and import prices fell 1.8% year-on-year in May 2026, easing from a 2.0% decline in April and marking the softest pace of deflation in five months, though extending a three-year streak of falling prices. The moderation was driven by a slower decline in import prices, which fell 0.2% after dropping 1.0% in April, while producer prices fell 2.5%, slightly deeper than the previous month's 2.4% decline. On a monthly basis, the producer and import price index fell 0.4%, missing expectations for a 0.4% increase and reversing April's 0.8% gain. Lower prices for pharmaceutical products, petroleum and natural gas, petroleum products, and electricity weighed on the index, while plastic products, basic metals, and other chemical products became more expensive. source: Swiss Federal Statistical Office

Producer Prices in Switzerland decreased 1.80 percent in May of 2026 over the same month in the previous year. Producer Prices Change in Switzerland averaged 0.97 percent from 1964 until 2026, 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 June of 2026.

Producer Prices in Switzerland decreased 1.80 percent in May of 2026 over the same month in the previous year. Producer Prices Change in Switzerland is expected to be -1.20 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 1.40 percent in 2027 and 1.50 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-05-12 06:30 AM
Producer & Import Prices YoY
Apr -2% -2.7% -2.6%
2026-06-15 06:30 AM
Producer & Import Prices YoY
May -1.8% -2% -1.5%
2026-07-14 06:30 AM
Producer & Import Prices YoY
Jun -1.8% -1.2%



Components Last Previous Unit Reference
Inflation Rate YoY 0.60 0.60 percent May 2026

Related Last Previous Unit Reference
CPI 101.30 101.10 points May 2026
Core Consumer Prices 100.40 100.30 points May 2026
Core Inflation Rate 0.30 0.30 percent May 2026
CPI Housing Utilities 101.20 100.90 points May 2026
CPI Transportation 104.00 104.00 points May 2026
Export Prices 98.60 99.60 points May 2026
Food Inflation -1.20 -0.80 percent May 2026
Inflation Rate MoM 0.20 0.30 percent May 2026
Producer Prices 99.30 99.60 points May 2026
Producer & Import Prices YoY -1.80 -2.00 percent May 2026


Switzerland Producer and Import Prices YoY
In Switzerland, the Producer Price Index (PPI) is officially named “Producer and Import Price Index”. Producer price index measures the price development of goods that are produced and sold by enterprises operating within the country and the import price index measures the price development of imported goods. Only domestic sales are considered for the producer price index when combining the indices.
Actual Previous Highest Lowest Dates Unit Frequency
-1.80 -2.00 18.66 -6.80 1964 - 2026 percent Monthly
NSA

News Stream
Swiss Producer and Import Deflation Eases
Swiss producer and import prices fell 1.8% year-on-year in May 2026, easing from a 2.0% decline in April and marking the softest pace of deflation in five months, though extending a three-year streak of falling prices. The moderation was driven by a slower decline in import prices, which fell 0.2% after dropping 1.0% in April, while producer prices fell 2.5%, slightly deeper than the previous month's 2.4% decline. On a monthly basis, the producer and import price index fell 0.4%, missing expectations for a 0.4% increase and reversing April's 0.8% gain. Lower prices for pharmaceutical products, petroleum and natural gas, petroleum products, and electricity weighed on the index, while plastic products, basic metals, and other chemical products became more expensive.
2026-06-15
Swiss Producer and Import Prices Fall 2.0%
Switzerland’s producer and import prices fell by 2.0% year-on-year in April 2026, following a 2.7% decline in the previous month, extending the country’s nearly three-year deflationary streak. The drop was driven by continued decline in producer prices, which remained unchanged at -2.4%, reflecting lower costs for manufactured goods (-2.1%), particularly computer, electronic and optical products, as well as watches (-2.4%). Import prices also continued to drop, though at a slower pace (-1.0% vs -3.2% in March), as a sharp increase in mining and quarrying products (+37.9%) partly offset lower prices for agricultural products (-2.2%) and manufactured goods (-1.4%). On a monthly basis, producer and import prices rose 0.8%, accelerating from a 0.2% gain in March, and well above the expected 0.1% increase, mainly driven by higher prices of petroleum products and natural gas. Basic metals and semi-finished metal products likewise recorded price increases.
2026-05-12
Swiss Producer and Import March Deflation Remains Sharp
Switzerland’s producer and import prices declined by 2.7% year-on-year in March 2026, the same pace as in the previous month. It remained the sharpest drop in producer prices since November 2020, driven by ongoing deflation in producer prices (-2.4% vs -2.3% in February) and import costs (-3.2% vs -3.5%). On a monthly basis, producer and import prices rose by 0.2% in March, in line with market expectations and rebounding from a 0.3% fall in the preceding period. Within the Producer Price Index, prices rose in particular for petroleum products as well as dairy products, partly offset by declines in confectionery and meat products. Costs also increased for petroleum, natural gas, apparel, and metals in the Import Price Index, though this was tempered by lower costs for pharmaceuticals, electronics, fruits, and other manufactured goods.
2026-04-16