2018 Economic Calendar
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Switzerland : Producer and Import Price Index  
Released On 7/13/2018 3:15:00 AM For Jun, 2018
PriorActual
M/M % change0.2 %0.2 %
Y/Y % change3.2 %3.5 %

Highlights
The combined producer and import price index rose 0.2 percent on the month in June. This lifted the annual inflation rate by 0.3 percentage points to 3.5 percent, a new multi-year high.

The monthly advance was evenly split between domestic producer prices and import prices, both of which matched the headline gain. However, at 1.9 percent and 6.8 percent respectively, the gap between their annual rates remained wide.

The main boost to the headline monthly increase came from wood where prices were up 3.5 percent. Petrol (3.0 percent) was responsible for much of the rest. Most other major categories saw little change and metals (minus 0.3 percent) registered the only decline.

Core prices edged 0.1 percent firmer versus May which, in turn, raised their annual rate from 1.8 percent to 1.9 percent. However, without the impact of higher import costs, the yearly rate here would have been significantly weaker. Underlying domestically generated pipeline pressures on inflation 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
 
 

2018 Release Schedule
Released On: 1/192/133/154/165/156/137/138/149/1310/1511/1312/13
Release For: DecJanFebMarAprMayJunJulAugSepOctNov
 


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