Producer Prices in Switzerland
Switzerland - Producer Prices
Inflation remains subdued in February
Consumer prices climbed 0.4% over the previous month in February, contrasting the 0.3% decline logged in January. The increase was primarily driven by higher prices for clothing and footwear; transport; leisure and culture; and food and non-alcoholic beverages. On the other hand, lower prices for restaurant and hotels partially offset the rise.
Inflation was unchanged from January’s over one-and-a-half-year low of 0.6% in February. Meanwhile, annual average inflation was stable at 0.9% for the third consecutive month in February.
Against this backdrop, panelists polled by Met the why particular expect inflation to remain relatively muted over the medium-term and see inflation averaging 0.7% in 2019, which is unchanged from last month’s forecast, and averaging 0.9% in 2020.
Switzerland - Producer Prices Data
|Inflation (PPI, annual variation in %)||0.3||-0.8||-3.7||-1.3||0.0|
5 years of economic forecasts for more than 30 economic indicators.
Switzerland Producer Prices Chart
|Bond Yield||-0.41||6.27 %||Mar 11|
|Exchange Rate||1.01||-0.54 %||Mar 11|
|Stock Market||9,341||-0.82 %||Mar 11|
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March 5, 2019
Consumer prices climbed 0.4% over the previous month in February, contrasting the 0.3% decline logged in January.
February 28, 2019
The KOF economic barometer—a leading composite indicator for the Swiss economy forecasting a six-month period—fell to 92.4 points in February from a revised 96.2 points in January (previously reported: 95.0 points).
February 28, 2019
According to data released by the State Secretariat for Economic Affairs (SECO) on 28 February, the Swiss economy grew 0.2% in Q4 2018 over the previous quarter in seasonally-adjusted terms, rebounding from the revised 0.3% contraction recorded in Q3 (previously reported: -0.2% quarter-on-quarter).
February 11, 2019
Consumer prices fell 0.3% over the prior month in January, matching the decrease registered in December.
February 1, 2019
The manufacturing Purchasing Managers’ Index (PMI) produced by Credit Suisse and procure.ch fell to 54.3 points in January from a revised 57.5 points in December (previously reported: 57.8 points), coming in slightly below the index’s long-term average of 55.0 points.