by 14.09.2021 – The Producer and Import Price Index rose in August 2021 by 0.7% compared with the previous month, reaching 103.9 points (December 2020 = 100). Chemical products and pharmaceutical products in particular saw higher prices. Compared with August 2020, the price level of the whole range of domestic and imported products rose by 4.4%. These are the results from the Federal Statistical Office (FSO). In particular, higher prices for pharmaceutical products and for chemical products were responsible for the increase in the producer price index compared with the previous month. Basic metals and semi-finished metal products, products of sawmilling and planing, rubber and plastic products as well as fresh vegetables also became more expensive. In contrast,
Topics:
Swiss Statistics considers the following as important: 2) Swiss and European Macro, 2.) Swiss Statistics - Press Releases, Featured, newsletter
This could be interesting, too:
Frank Shostak writes Assumptions in Economics and in the Real World
Conor Sanderson writes The Betrayal of Free Speech: Elon Musk Buckles to Government Censorship, Again
Nachrichten Ticker - www.finanzen.ch writes Bitcoin erstmals über 80.000 US-Dollar
Nachrichten Ticker - www.finanzen.ch writes Kraken kündigt eigene Blockchain ‘Ink’ an – Neue Ära für den Krypto-Markt?
| 14.09.2021 – The Producer and Import Price Index rose in August 2021 by 0.7% compared with the previous month, reaching 103.9 points (December 2020 = 100). Chemical products and pharmaceutical products in particular saw higher prices. Compared with August 2020, the price level of the whole range of domestic and imported products rose by 4.4%. These are the results from the Federal Statistical Office (FSO).
In particular, higher prices for pharmaceutical products and for chemical products were responsible for the increase in the producer price index compared with the previous month. Basic metals and semi-finished metal products, products of sawmilling and planing, rubber and plastic products as well as fresh vegetables also became more expensive. In contrast, falling prices were seen for scrap and pork. |
Switzerland Producer Price Index (PPI) YoY, August 2021(see more posts on Switzerland Producer Price Index, ) Source: investing.com - Click to enlarge |
The import price index registered higher prices compared with July 2021, particularly for organic products of the chemical industry, plastics in primary forms, petroleum and natural gas, basic metals and semi-finished metal products, timber products as well as for rubber and plastic products. The same applied to other chemical products, paper, paper products and green coffee. Pharmaceutical preparations and petroleum products on the other hand, became cheaper.
Download press release: Producer and Import Price Index rose by 0.7% in August
You Might Also Like
SNB Sight Deposits: Inflation is there, CHF must Rise
2021-09-13
Sight Deposits have risen by +0.2 bn CHF, this means that the SNB is intervening and buying Euros and Dollars.
Swiss Trade Balance Q2 2021: secondary sector rose sharply in 2nd quarter 2021
2021-08-19
Secondary sector production rose by 14.2% in 2nd quarter 2021 in comparison with the same quarter a year earlier. Turnover rose by 15.5%. These sharp increases can largely be explained by the weak 2nd quarter of 2020, during which measures against the COVID-19 pandemic came into effect.
Swiss Consumer Price Index in July 2021: +0.7 percent YoY, -0.1 percent MoM
2021-08-03
he consumer price index (CPI) fell by 0.1% in July 2021 compared with the previous month, reaching 101.0 points (December 2015 = 100). Inflation was +0.7% compared with the same month of the previous year.
Swiss Retail Sales, May 2021: +2.3 percent Nominal and +2.8 percent Real
2021-07-01
urnover adjusted for sales days and holidays rose in the retail sector by 2.3% in nominal terms in May 2021 compared with the previous year. Seasonally adjusted, nominal turnover fell by 1.9% compared with the previous month. These are provisional findings from the Federal Statistical Office (FSO).
Swiss Consumer Price Index in May 2021: +0.6 percent YoY, +0.3 percent MoM
2021-06-07
The consumer price index (CPI) increased by 0.3% in May 2021 compared with the previous month, reaching 101.0 points (December 2020 = 100). Inflation was +0.6% compared with the same month of the previous year. These are the results of the Federal Statistical Office (FSO).
Swiss Producer and Import Price Index in April 2021: +1.8 percent YoY, +0.7 percent MoM
2021-05-17
The Producer and Import Price Index increased in April 2021 by 0.7% compared with the previous month, reaching 101.6 points (December 2020 = 100). Higher prices were seen in particular for computer, electronic and optical products, machinery, basic metals, semi-finished metal products and metal products.
Swiss Retail Sales, February 2021: 6.9 percent Nominal and -6.3 percent Real
2021-04-01
Turnover adjusted for sales days and holidays rose in the retail sector by 6.9% in nominal terms in February 2021 compared with the previous year. Seasonally adjusted, nominal turnover fell by 5.5% compared with the previous month. These are provisional findings from the Federal Statistical Office (FSO).
Swiss Consumer Price Index in March 2021: -0.2 percent YoY, +0.3 percent MoM
2021-04-01
01.04.2021 – The consumer price index (CPI) increased by 0.3% in March 2021 compared with the previous month, reaching 100.6 points (December 2020 = 100). Inflation was –0.2% compared with the same month of the previous year. These are the results of the Federal Statistical Office (FSO).
Tags: Featured,newsletter