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

Switzerland : Producer and Import Price Index  
Released On 10/13/2017 3:15:00 AM For Sep, 2017
PriorConsensusActual
M/M % change0.3 %0.3 %0.5 %
Y/Y % change0.6 %0.6 %0.8 %

Highlights
The combined producer and import price index rose 0.5 percent on the month in September to lift the annual inflation rate by 0.2 percentage points to 0.8 percent, a 5-month high. This was its first back-to-back monthly increase since December/January.

The monthly increase in overall prices reflected a 0.4 percent rise in the domestic PPI and a larger 0.8 percent gain in import prices. The yearly change in the former now stands at minus 0.2 percent and in the latter at 2.9 percent.

Domestic prices were boosted by a 7.1 percent monthly bounce in petrol charges together with a 7.9 percent jump in waste and recycling and a 2.9 percent rise in clothing and footwear. There were no declines. Import prices were also lifted by petrol (5.8 percent) alongside metals (2.5 percent).

For the composite index, the core element was up 0.2 percent versus the previous month to stand 0.4 percent higher on the year, just a tick firmer than August's annual rate. Underlying pipeline pressures remain soft.

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]