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    22.02.2016 09:43 Switzerland's producer and import prices are down 0.4% in January

    The Federal Statistical Office released its producer and import prices data on Monday. Switzerland's producer and import prices fell 0.4% in January, after a 0.4% decrease in December.

     

    The decrease was mainly driven by lower prices for petroleum products.

     

    The Import Price Index decreased by 0.8% in January, while producer prices fell 0.1%.

     

    On a yearly basis, producer and import prices plunged 5.3% in January, after a 5.5% drop in December.

     

    The Import Price Index fell by 8.8% year-on year in January, while producer prices dropped 3.7%.


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