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Swiss Producer and Import Price Index in March 2017: 0.1 percent rise

Summary:
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. See more in Is the Swiss Franc overvalued? Producer and Import Price Index in March 2017 From the data release of Swiss Statistics: Neuchâtel, 13.04.2017 (FSO) – The Producer and Import Price Index rose in March 2017 by 0.1% compared with the previous month, reaching 100.3 points (base December 2015 = 100). The slight rise is due in particular to higher prices for scrap. Compared with March 2016, the price level of the whole range of domestic and imported products rose by 1.3%. These are some of the findings from the Federal Statistical Office (FSO). Switzerland Producer Price Index (PPI) YoY March 2017(see more posts on Switzerland Producer Price Index, ) Source: investing.

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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. See more in Is the Swiss Franc overvalued?

Producer and Import Price Index in March 2017

From the data release of Swiss Statistics:

Neuchâtel, 13.04.2017 (FSO) – The Producer and Import Price Index rose in March 2017 by 0.1% compared with the previous month, reaching 100.3 points (base December 2015 = 100). The slight rise is due in particular to higher prices for scrap. Compared with March 2016, the price level of the whole range of domestic and imported products rose by 1.3%. These are some of the findings from the Federal Statistical Office (FSO).

Switzerland Producer Price Index (PPI) YoY March 2017

(see more posts on Switzerland Producer Price Index, )
Swiss Producer and Import Price Index in March 2017: 0.1 percent rise

Source: investing.com - Click to enlarge

Download press release: Producer and Import Price Index in March 2017

German text: Produzenten- und Importpreisindex im März 2017

Produzenten- und Importpreisindex im März 2017

Produzenten- und Importpreisindex steigt um 0,1 Prozent im März 2017

Neuchâtel, 13.04.2017 (BFS) – Der Gesamtindex der Produzenten- und Importpreise erhöhte sich im März 2017 gegenüber dem Vormonat um 0,1 Prozent und erreichte den Stand von 100,3 Punkten (Basis Dezember 2015 = 100). Der leichte Anstieg ist vor allem auf höhere Preise für Schrott zurückzuführen. Im Vergleich zum März 2016 stieg das Preisniveau des Gesamtangebots von Inland- und Importprodukten um 1,3 Prozent. Dies geht aus den Zahlen des Bundesamts für Statistik (BFS) hervor.

Für den Anstieg des Produzentenpreisindexes gegenüber dem Vormonat waren insbesondere die höheren Preise für Schrott verantwortlich. Sinkende Preise beobachtete man dagegen für Frischgemüse.

Höhere Preise gegenüber dem Februar 2017 registrierte man im Importpreisindex für Kern- und Steinobst, Nichteisen-Metalle und daraus hergestellte Produkte, Personenwagen, pharmazeutische Spezialitäten sowie Erdöl und Erdgas. Preisrückgänge zeigten dagegen insbesondere Mineralölprodukte. Billiger wurden auch Nutzfahrzeuge.

Swiss Producer and Import Price Index in March 2017: 0.1 percent rise

Swiss Producer and Import Price Index in March 2017: 0.1 percent rise


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George Dorgan
George Dorgan (penname) predicted the end of the EUR/CHF peg at the CFA Society and at many occasions on SeekingAlpha.com and on this blog. Several Swiss and international financial advisors support the site. These firms aim to deliver independent advice from the often misleading mainstream of banks and asset managers. George is FinTech entrepreneur, financial author and alternative economist. He speak seven languages fluently.

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