by 15.08.2016 09:15 – FSO, Prices (0353-1607-50) The Producer Price Index or officially named “Producer and Import Price Index” describes how the changes in price for producers and importers. For us it interesting because it is used in the formula for the Real Effective Exchange Rate. I When producers and importers profit on lower prices (compared to other countries), then the Swiss Franc reduces its overvaluation. In 2015, the overvaluation was reduced by 5 to 6% per year. Producer and Import Price Index in July 2016 0.1% decline in Producer and Import Price Index Neuchâtel, 15.08.2016 (FSO) – The Producer and Import Price Index fell in July 2016 by 0.1% compared with the previous month, reaching 99.8 points (base December 2015 = 100). This slight decline is due in particular to lower prices for petroleum products and watches. Compared with July 2015, the price level of the whole range of domestic and imported products fell by 0.8%. These are the findings of the Federal Statistical Office (FSO). Download this press release (pdf, 130 KB) Swiss Producer and import prices The strongly negative change in producer prices in 2015 reduced the Swiss franc overvaluation in terms of the Real Effective Exchange. Now, however, producer prices are approaching the zero change again.
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15.08.2016 09:15 – FSO, Prices (0353-1607-50)
The Producer Price Index or officially named “Producer and Import Price Index” describes how the changes in price for producers and importers. For us it interesting because it is used in the formula for the Real Effective Exchange Rate. I When producers and importers profit on lower prices (compared to other countries), then the Swiss Franc reduces its overvaluation. In 2015, the overvaluation was reduced by 5 to 6% per year.
Producer and Import Price Index in July 2016
0.1% decline in Producer and Import Price Index
Neuchâtel, 15.08.2016 (FSO) – The Producer and Import Price Index fell in July 2016 by 0.1% compared with the previous month, reaching 99.8 points (base December 2015 = 100). This slight decline is due in particular to lower prices for petroleum products and watches. Compared with July 2015, the price level of the whole range of domestic and imported products fell by 0.8%. These are the findings of the Federal Statistical Office (FSO).
Download this press release (pdf, 130 KB)
Swiss Producer and import pricesThe strongly negative change in producer prices in 2015 reduced the Swiss franc overvaluation in terms of the Real Effective Exchange. Now, however, producer prices are approaching the zero change again. It must also be noted that producer prices had fallen by 6% in 2015, while consumer prices went down only by 1.5%. Large margins are hence remaining for the Swiss retail sector. The producer and import price index measures the prices in Switzerland for goods sold by industrial producers to the retail sector and the prices companies paid for imports. |
 Click to enlarge. Source Investing.com |
German text:
Produzenten- und Importpreisindex im Juli 2016
Produzenten- und Importpreisindex sinkt um 0,1 Prozent
Neuchâtel, 15.08.2016 (BFS) – Der Gesamtindex der Produzenten- und Importpreise sank im Juli 2016 gegenüber dem Vormonat um 0,1 Prozent und erreichte den Stand von 99,8 Punkten (Basis Dezember 2015 = 100). Der leichte Rückgang ist insbesondere auf tiefere Preise für Mineralölprodukte und Uhren zurückzuführen. Im Vergleich zum Juli 2015 ging das Preisniveau des Gesamtangebots von Inland- und Importprodukten um 0,8 Prozent zurück. Dies geht aus den Zahlen des Bundesamts für Statistik (BFS) hervor.
Für den Rückgang des Produzentenpreisindexes gegenüber dem Vormonat waren vor allem die tieferen Preise für Uhren, Schrott und Mineralölprodukte verantwortlich. Steigende Preise beobachtete man hingegen bei Fleisch und Fleischprodukten.
Preisrückgänge gegenüber dem Juni 2016 registrierte man im Importpreisindex insbesondere für Treibstoff. Dasselbe gilt für Gemüse und Kartoffeln, Heizöl, Roheisen und Stahl, Kern- und Steinobst sowie Uhrenbestandteile. Höhere Preise zeigten dagegen Erdöl und Erdgas, Computer und periphere Geräte, Geräte und Einrichtungen der Telekommunikationstechnik, Nichteisen-Metalle und daraus hergestellte Produkte sowie Rohkaffee.
