Swiss producer and import prices rise less than forecastStaff Writer | May 15, 2017
Switzerland's producer and import prices increased less than expected in April, data from the Federal Statistical Office showed Monday.
Switzerland Data from the Federal Statistical Office
On a monthly basis, producer and import prices dropped 0.2%, while economists expected a nil growth. This decline was caused by lower prices for petroleum products and machinery.
Producer prices dropped 0.1% on month and increased 0.1% annually. At the same time, import prices slid 0.4% from prior month, while they advanced 2.3% from prior year. ■