Switzerland's producer and import prices climbed 6.3 percent from a year earlier in July of 2022, slowing from a 6.9 percent gain in the previous months, which was the highest rate since September of 1981. The figure was the lowest level since March, due to softer rises in prices of both import (10.8 percent vs 12.1 percent in June) and producer prices (4.1 percent vs 4.4 percent). On a monthly basis, producer and import prices edged down 0.1 percent in July, the first monthly decline in seven months, reversing from a 0.3 percent rise in the prior month, with downward pressure mainly coming from prices of metals and semi-finished metals. By contrast, prices rose for crude oil and natural gas, petroleum products as well as medical and dental apparatus and materials. source: Swiss Federal Statistical Office
Producer Prices Change in Switzerland averaged 1.06 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 August of 2022.
Producer Prices Change in Switzerland is expected to be 3.20 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 1.50 percent in 2023 and 2.00 percent in 2024, according to our econometric models.