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Swiss Producer and Import Price Index in June 2021: +2.9 percent YoY, +0.3 percent MoM

Summary:
13.07.2021 – The Producer and Import Price Index rose in June 2021 by 0.3% compared with the previous month, reaching 102.7 points (December 2020 = 100). In particular, basic metals and semi-finished metal products, scrap and petroleum products saw higher prices. Compared with June 2020, the price level of the whole range of domestic and imported products rose by 2.9%. These are the results from the Federal Statistical Office (FSO). In particular, higher prices for scrap were responsible for the increase in the producer price index compared with the previous month. Basic metals, semi-finished metal products, timber products and petroleum products also became more expensive. The import price index registered higher prices compared with May 2021, particularly for

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13.07.2021 – The Producer and Import Price Index rose in June 2021 by 0.3% compared with the previous month, reaching 102.7 points (December 2020 = 100). In particular, basic metals and semi-finished metal products, scrap and petroleum products saw higher prices. Compared with June 2020, the price level of the whole range of domestic and imported products rose by 2.9%. These are the results from the Federal Statistical Office (FSO).

In particular, higher prices for scrap were responsible for the increase in the producer price index compared with the previous month. Basic metals, semi-finished metal products, timber products and petroleum products also became more expensive.

The import price index registered higher prices compared with May 2021, particularly for basic metals and semi-finished metal products. The same applied to petroleum products, computers, motor vehicles and motor vehicle parts, food products and other transport equipment. Petroleum and natural gas as well as vegetables, melons, and potatoes, in contrast, became cheaper.

Switzerland Producer Price Index (PPI) YoY, June 2021

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Swiss Producer and Import Price Index in June 2021: +2.9 percent YoY, +0.3 percent MoM

Source: Investing.com - Click to enlarge

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Swiss Statistics
The Swiss Federal Statistics Office publishes information on the situation and developments in Switzerland in a multitude of fields and plays a part in enabling comparisons at an internal level.

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