Producer and import prices in Switzerland fell 0.7 percent year-on-year in February of 2019, following a 0.5 percent drop in the previous month and compared to expectations of a 1 percent decline. Producer prices declined 0.6 percent (vs -0.2 percent in January) and import prices dropped 0.7 percent (vs -1 percent in January). On a monthly basis, producer and import prices went up 0.2 percent, reversing a 0.7 percent fall in the prior month and beating market expectations of a 0.1 percent drop. Producer Prices Change in Switzerland averaged 1.09 percent from 1964 until 2019, 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 -0.50 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 1.00 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.