TeleTrade - Analytics

    TeleTrade

    685.50 6.50/10
    80% of positive reviews
    Real

    17.03.2016 10:32 Switzerland's producer and import prices are down 0.6% in February

    The Federal Statistical Office released its producer and import prices data on Thursday. Switzerland's producer and import prices fell 0.6% in February, missing expectations for a 0.2% gain, after a 0.4% decrease in January.

     

    The decrease was mainly driven by lower prices for chemical and pharmaceutical, and petroleum products.

     

    The Import Price Index decreased by 1.0% in February, while producer prices fell 0.5%.

     

    On a yearly basis, producer and import prices plunged 4.6% in February, beating expectations for a 5.1% fall, after a 5.3% drop in January.

     

    The Import Price Index fell by 6.9% year-on year in February, while producer prices dropped 3.5%.


    To leave a comment you must or Join us


    By visiting our website and services, you agree to the conditions of use of cookies. Learn more
    I agree