2017 Economic Calendar
POWERED BY  econoday logo
U.S. & Intl Recaps   |   Event Definitions   |   Today's Calendar   |   

Switzerland : Producer and Import Price Index  
Released On 2/14/2017 3:15:00 AM For Jan, 2017
PriorConsensusActual
M/M % change0.2 %0.2 %0.4 %
Y/Y % change0.0 %0.5 %0.8 %

Highlights
The combined producer and import price index rose 0.4 percent on the month in January which, with base effects positive, was enough to lift the annual inflation rate from 0.0 percent to 0.8 percent.

The monthly headline gain reflected a 0.7 percent increase in import costs and a smaller 0.3 percent advance in domestic producer prices. The former now stands 2.0 percent higher on the year and the latter 0.2 percent. However, both series were dominated by more expensive energy and imported petroleum product charges were up some 11.0 percent versus December and their domestic counterpart an even sharper 14.2 percent.

As a result, the underlying headline index was only flat on the month and, at minus 0.6 percent, its yearly rate was also unchanged from last time. Core prices have been broadly flat for more than a year now. Deflation risks may not be as marked as they once were but actual upside pressure on prices remains decidedly muted.

Definition
The producer price and import price index focuses on the actual prices of products on the market (transaction price) at the time of the order. The prices of domestic products are taken at the producer or factory level, excluding value added tax and consumption taxes. For imports, prices are collected at the Swiss border, without the value added tax, taxes on consumption and tariffs. Changes in the index provide a guide to inflation from the point of view of the product's producer/manufacturer  Why Investors Care
 
 

2017 Release Schedule
Released On: 1/192/143/154/135/156/157/138/159/1310/1311/1412/14
Release For: DecJanFebMarAprMayJunJulAugSepOctNov
 


powered by  [Econoday]