by George Dorgan
My articles My siteAbout meMy booksMy videos
Follow on:TwitterFacebookGoogle +
CFA SocietySeeking Alpha
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? The Producer and Import Price Index fell in November 2018 by 0.3% compared with the
Topics:
George Dorgan considers the following as important: 2) Swiss and European Macro, Featured, newsletter, Switzerland Producer Price Index
This could be interesting, too:
Michael Njoku writes Totalitarianism Begins With A Denial of Economics
Nachrichten Ticker - www.finanzen.ch writes US-Wahl treibt Bitcoin über 90’000 US-Dollar – wie Anleger vom neuen Krypto-Hype profitieren können
Jim Fedako writes Subjectivity and Demonstrated Preference: A Possible Paradox
Mises Institute writes Spring 2025 Virtual Mises Book Club
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?
| The Producer and Import Price Index fell in November 2018 by 0.3% compared with the previous month, reaching 103.1 points (December 2015 = 100). This decline is due in particular to lower prices for pharmaceutical products. Compared with November 2017, the price level of the whole range of domestic and imported products rose by 1.4%. These are some of the findings from the Federal Statistical Office (FSO). |
Switzerland Producer Price Index (PPI) YoY, November 2018(see more posts on Switzerland Producer Price Index, ) Source: Investing.com - Click to enlarge |
Download press release: Producer and Import Price Index fell by 0.3% in November 2018
German Text:
| Der Gesamtindex der Produzenten- und Importpreise sank im November 2018 gegenüber dem Vormonat um 0,3 Prozent und erreichte den Stand von 103,1 Punkten (Dezember 2015 = 100). Der Rückgang ist vor allem auf tiefere Preise für pharmazeutische Produkte zurückzuführen. Im Vergleich zum November 2017 stieg das Preisniveau des Gesamtangebots von Inland- und Importprodukten um 1,4 Prozent. Dies geht aus den Zahlen des Bundesamts für Statistik (BFS) hervor.
Für den Rückgang des Produzentenpreisindexes gegenüber dem Vormonat waren vor allem die tieferen Preise für pharmazeutische Spezialitäten verantwortlich. Billiger wurden auch chemische Grundstoffe. Steigende Preise beobachtete man dagegen für Mineralölprodukte und sonstige chemische Produkte. Tiefere Preise gegenüber dem Oktober 2018 registrierte man im Importpreisindex insbesondere für Erdöl und Erdgas. Dasselbe gilt für pharmazeutische Grundstoffe, Gemüse, Kartoffeln, Zitrusfrüchte, Computer und Stahlprodukte. Preiserhöhungen zeigten dagegen Mineralölprodukte, organische Produkte der chemischen Industrie und Rohkaffee. |
 - Click to enlarge |
Tags: Featured,newsletter,Switzerland Producer Price Index