by 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 September 2017 From the data release of Swiss
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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 September 2017
From the data release of Swiss Statistics:
| Neuchâtel, 13.10.2017 (FSO) – The Producer and Import Price Index rose in September 2017 by 0.5% compared with the previous month, reaching 100.5 points (base December 2015 = 100). The rise is due in particular to higher prices for petroleum products, basic metals, semi-finished products of metal, and scrap. Compared with September 2016, the price level of the whole range of domestic and imported products rose by 0.8%. These are some of the findings from the Federal Statistical Office (FSO). |
Switzerland Producer Price Index (PPI) YoY, Sep 2017(see more posts on Switzerland Producer Price Index, ) Source: Investing.com - Click to enlarge |
Download press release Producer and Import Price Index in September 2017
German text: Produzenten- und Importpreisindex im September 2017
| Neuchâtel, 13.10.2017 (BFS) – Der Gesamtindex der Produzenten- und Importpreise erhöhte sich im September 2017 gegenüber dem Vormonat um 0,5 Prozent und erreichte den Stand von 100,5 Punkten (Basis Dezember 2015 = 100). Der Anstieg ist vor allem auf höhere Preise für Mineralölprodukte, Metalle, Metallhalbzeug und Schrott zurückzuführen. Im Vergleich zum September 2016 stieg das Preisniveau des Gesamtangebots von Inland- und Importprodukten um 0,8 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. Teurer wurden auch Mineralölprodukte, Metalle und Metallhalbzeug, Automobile und Automobilteile, Rohmilch und sonstige Nahrungsmittel. Steigende Preise gegenüber dem August 2017 registrierte man im Importpreisindex vor allem für Mineralölprodukte. Dasselbe gilt für Nichteisen-Metalle und daraus hergestellte Produkte, Erdöl und Erdgas, Roheisen, Stahl, Bekleidung, Textilien, Automobile und Automobilteile sowie Leder, Lederwaren und Schuhe. |
 - Click to enlarge |
Tags: Featured,newsletter,Switzerland Producer Price Index