Switzerland’s producer and import prices dropped by 2.2% year-on-year in January 2026, deepening from a 1.8% fall in the previous month. This marked the sharpest producer deflation since January 2024, driven by faster declines in both producer prices (-1.5% vs -1.3% in December) and import costs (-3.5% vs -2.8%). On a monthly basis, producer and import prices fell by 0.2% in January, missing market estimates of a 0.1% gain and the same pace as in the preceding period. Prices declined mainly for electricity, irradiation, electromedical and electrotherapeutic equipment, petroleum products and slaughter pigs in the Producer Price Index, while petroleum products, pharmaceutical preparations and petroleum and natural gas in particular were responsible for a fall in the Import Price Index compared with December 2025. source: Swiss Federal Statistical Office

Producer Prices in Switzerland decreased 2.20 percent in January of 2026 over the same month in the previous year. Producer Prices Change in Switzerland averaged 0.98 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 March of 2026.

Producer Prices in Switzerland decreased 2.20 percent in January of 2026 over the same month in the previous year. Producer Prices Change in Switzerland is expected to be -0.20 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
2026-01-20 07:30 AM
Producer & Import Prices YoY
Dec -1.8% -1.6% -1.3%
2026-02-23 07:30 AM
Producer & Import Prices YoY
Jan -2.2% -1.8% -1.1%
2026-03-17 07:30 AM
Producer & Import Prices YoY
Feb -2.2% -0.8%

Components Last Previous Unit Reference
Inflation Rate YoY 0.10 0.10 percent Feb 2026

Related Last Previous Unit Reference
CPI 100.60 99.90 points Feb 2026
Core Consumer Prices 100.30 100.10 points Feb 2026
Core Inflation Rate 0.40 0.50 percent Feb 2026
CPI Housing Utilities 100.10 99.70 points Feb 2026
CPI Transportation 101.10 99.60 points Feb 2026
Export Prices 100.10 100.00 points Jan 2026
Food Inflation -0.30 -0.40 percent Feb 2026
Inflation Rate MoM 0.60 -0.10 percent Feb 2026
Producer Prices 99.80 100.00 points Jan 2026
Producer & Import Prices YoY -2.20 -1.80 percent Jan 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
-2.20 -1.80 18.66 -6.80 1964 - 2026 percent Monthly
NSA

News Stream
Swiss Producer and Import Deflation Sharpest in 1 Year
Switzerland’s producer and import prices dropped by 2.2% year-on-year in January 2026, deepening from a 1.8% fall in the previous month. This marked the sharpest producer deflation since January 2024, driven by faster declines in both producer prices (-1.5% vs -1.3% in December) and import costs (-3.5% vs -2.8%). On a monthly basis, producer and import prices fell by 0.2% in January, missing market estimates of a 0.1% gain and the same pace as in the preceding period. Prices declined mainly for electricity, irradiation, electromedical and electrotherapeutic equipment, petroleum products and slaughter pigs in the Producer Price Index, while petroleum products, pharmaceutical preparations and petroleum and natural gas in particular were responsible for a fall in the Import Price Index compared with December 2025.
2026-02-23
Swiss Producer and Import Deflation Sharpest in 3 Months
Switzerland’s producer and import prices dropped by 1.8% year-on-year in December 2025, slipping further from a 1.6% fall in the previous month. The latest figure marked the sharpest producer deflation since September, driven by faster decreases in both producer prices (-1.3% vs -1.2% in November) and import costs (-2.8% vs -2.5%). On a monthly basis, producer and import prices fell by 0.2% in December, defying market forecasts of a 0.2% increase but easing from a 0.5% loss in the preceding period. Prices decreased compared to November mainly for petroleum and dairy products in the Producer Price Index, while pharmaceutical preparations, petroleum, and natural gas led declines in the Import Price Index. Average annual inflation in 2025 fell by 1%, mainly due to lower prices for pharmaceuticals, petroleum, electricity, and gas, despite higher food prices. Domestic producer prices fell 0.4% for the year, while import prices dropped 2.2%.
2026-01-20
Swiss Producer and Import Deflation Softest in 4 Months
Switzerland’s producer and import prices fell by 1.6% year-on-year in November 2025, easing slightly from a 1.7% decline in the previous month. The latest figure marked the mildest pace of producer deflation since July, primarily driven by softer decreases in both producer prices (-1.2% vs -1.3% in October) and import prices (-2.5% vs -2.7%). On a monthly basis, producer and import prices fell by 0.5% in November, slipping further from a 0.3% decline in the previous month and defying market expectations of a 0.1% gain. The monthly decrease was mainly due to lower prices for pharmaceutical and chemical products, as well as petroleum and natural gas. In contrast, prices for refined petroleum products continued to rise.
2025-12-15