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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? Neuchâtel, 13 July 2018 (FSO) – The Producer and Import Price Index increased in June
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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?
| Neuchâtel, 13 July 2018 (FSO) – The Producer and Import Price Index increased in June 2018 by 0.2% compared with the previous month, reaching 103.2 points (December 2015 = 100). The rise is due in particular to higher prices for petroleum products and timber products. Compared with June 2017, the price level of the whole range of domestic and imported products rose by 3.5%. These are some of the findings from the Federal Statistical Office (FSO). |
Switzerland Producer Price Index (PPI) YoY, June 2018(see more posts on Switzerland Producer Price Index, ) Source: investing.com - Click to enlarge |
Download press release: Producer and Import Price Index rose in June 2018 by 0.2%
German Text:
Produzenten- und Importpreisindex steigt im Juni 2018 um 0,2 ProzentNeuchâtel, 13. Juli 2018 (BFS) – Der Gesamtindex der Produzenten- und Importpreise erhöhte sich im Juni 2018 gegenüber dem Vormonat um 0,2 Prozent und erreichte den Stand von 103,2 Punkten (Dezember 2015 = 100). Der Anstieg ist vor allem auf höhere Preise für Mineralölprodukte und Holzprodukte zurückzuführen. Im Vergleich zum Juni 2017 stieg das Preisniveau des Gesamtangebots von Inland- und Importprodukten um 3,5 Prozent. Dies geht aus den Zahlen des Bundesamts für Statistik (BFS) hervor. Für den Anstieg des Produzentenpreisindexes gegenüber dem Vormonat waren vor allem die Produkte der Bauschreinerei und des Innenausbaus verantwortlich. Steigende Preise beobachtete man auch für Mineralölprodukte, Fleisch und Fleischprodukte. Billiger wurden dagegen Metalle und Metallhalbzeug. Höhere Preise gegenüber dem Mai 2018 registrierte man im Importpreisindex insbesondere für Mineralölprodukte. Teurer wurden auch pharmazeutische Spezialitäten, Automobile, Wein, sonstige Fahrzeuge sowie Nichteisen-Metalle und daraus hergestellte Produkte. Sinkende Preise zeigten hingegen Erdöl und Erdgas, Computer, Roheisen, Stahl sowie Kern- und Steinobst. |
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