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The Producer Price Index (PPI) or officially named “Producer and Import Price Index” describes the changes in prices for producers and importers. For us it is interesting because it is used in the formula for the Real Effective Exchange Rate. When producers and importers profit on lower price changes when compared to other countries, then the Swiss Franc reduces its overvaluation. The Swiss PPI values of -6% in 2015 (see below), compared to -3% in Europe or -1% in the U.S., diminished the overvaluation. In 2017, however, producer prices are rising again – in both Europe and Switzerland. See more in Is the Swiss Franc overvalued? Producer and Import Price Index in July 2017 From the data release of Swiss Statistics:
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The Producer Price Index (PPI) or officially named “Producer and Import Price Index” describes the changes in prices for producers and importers. For us it is interesting because it is used in the formula for the Real Effective Exchange Rate. When producers and importers profit on lower price changes when compared to other countries, then the Swiss Franc reduces its overvaluation. The Swiss PPI values of -6% in 2015 (see below), compared to -3% in Europe or -1% in the U.S., diminished the overvaluation. In 2017, however, producer prices are rising again – in both Europe and Switzerland. See more in Is the Swiss Franc overvalued?
Producer and Import Price Index in July 2017
From the data release of Swiss Statistics:
| Neuchâtel, 15.08.2017 (FSO) – The Producer and Import Price Index remained unchanged in July 2017 compared with the previous month at 99.7 points (base December 2015 = 100). Petroleum products in particular became cheaper. Prices were higher for scrap, computers and metal products. Compared with July 2016, the price level of the whole range of domestic and imported products fell by 0.1%. These are some of the findings from the Federal Statistical Office (FSO). |
Switzerland Producer Price Index (PPI) YoY, July 2017(see more posts on Switzerland Producer Price Index, ) Source: Investing.com - Click to enlarge |
Download press release Producer and Import Price Index in July 2017
German text: Produzenten- und Importpreisindex im Juli 2017
Produzenten- und Importpreisindex im Juli 2017
Produzenten- und Importpreisindex bleibt im Juli 2017 insgesamt stabilNeuchâtel, 15.08.2017 (BFS) – Der Gesamtindex der Produzenten- und Importpreise blieb im Juli 2017 gegenüber dem Vormonat unverändert auf dem Stand von 99,7 Punkten (Basis Dezember 2015 = 100). Billiger wurden insbesondere Mineralölprodukte, höhere Preise zeigten Schrott, Computer und Metallprodukte. Im Vergleich zum Juli 2016 sank das Preisniveau des Gesamtangebots von Inland- und Importprodukten um 0,1 Prozent. Dies geht aus den Zahlen des Bundesamts für Statistik (BFS) hervor. Preisrückgänge gegenüber dem Juni 2017 registrierte man im Produzentenpreisindex für Bestrahlungs-, Elektrotherapie- und elektromedizinische Geräte sowie für elektronische Bauelemente und Leiterplatten. Steigende Preise beobachtete man dagegen insbesondere für Schrott. Für den Rückgang des Importpreisindexes gegenüber dem Vormonat waren vor allem die tieferen Preise für Treibstoff verantwortlich. Sinkende Preise zeigten auch pharmazeutische Spezialitäten, Kern- und Steinobst, Heizöl, Stahl, Uhrenbestandteile, Gemüse und Kartoffeln. Preiserhöhungen beobachtete man dagegen für Computer und periphere Geräte, sonstige Metallwaren sowie Kupfer und daraus hergestellte Produkte. |
 - Click to enlarge |
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