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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 February 2017 From the data release of Swiss Statistics: Neuchâtel, 15.03.2017 (FSO) – The Producer and Import Price Index fell in February 2017 by 0.2% compared with the previous month, reaching 100.2 points (base December 2015 = 100). This decline is due in particular to lower prices for scrap, petroleum products and pharmaceutical products. Compared with February 2016, the price level of the whole range of domestic and imported products rose by 1.3%. These are the findings from the Federal Statistical Office (FSO). Switzerland Producer Price Index (PPI) YoY, February 2017(see more posts on Switzerland Producer Price Index, ) Source: Investing.
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Producer and Import Price Index in February 2017
From the data release of Swiss Statistics:
| Neuchâtel, 15.03.2017 (FSO) – The Producer and Import Price Index fell in February 2017 by 0.2% compared with the previous month, reaching 100.2 points (base December 2015 = 100). This decline is due in particular to lower prices for scrap, petroleum products and pharmaceutical products. Compared with February 2016, the price level of the whole range of domestic and imported products rose by 1.3%. These are the findings from the Federal Statistical Office (FSO). |
Switzerland Producer Price Index (PPI) YoY, February 2017(see more posts on Switzerland Producer Price Index, ) Source: Investing.com - Click to enlarge |
Download press release Producer and Import Price Index in February 2017
German text:
Produzenten- und Importpreisindex im Februar 2017
Produzenten- und Importpreisindex sinkt um 0,2 Prozent
Neuchâtel, 15.03.2017 (BFS) – Der Gesamtindex der Produzenten- und Importpreise sank im Februar 2017 gegenüber dem Vormonat um 0,2 Prozent und erreichte den Stand von 100,2 Punkten (Basis Dezember 2015 = 100). Der Rückgang ist vor allem auf tiefere Preise für Schrott, Mineralölprodukte und pharmazeutische Produkte zurückzuführen. Im Vergleich zum Februar 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 Rückgang des Produzentenpreisindexes gegenüber dem Vormonat waren insbesondere die tieferen Preise für Schrott und pharmazeutische Spezialitäten verantwortlich. Billiger wurden auch Mineralölprodukte und Elektrizität.
Höhere Preise gegenüber dem Januar 2017 registrierte man im Importpreisindex vor allem für organische Produkte der chemischen Industrie. Teurer wurden auch Nichteisen-Metalle und daraus hergestellte Produkte. Preisrückgänge beobachtete man dagegen für Treibstoff, Heizöl sowie Gummi- und Kunststoffprodukte.
Tags: Featured,newsletter,Switzerland Producer Price Index