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Swiss Producer and Import Price Index in October 2022: +4.9 percent YoY, 0.0 percent MoM

Summary:
14.11.2022 – The Producer and Import Price Index remained unchanged in October 2022 compared with the previous month. The index stood at 109.8 points (December 2020 = 100). Natural gas in particular became more expensive. In contrast, petroleum products showed falling prices. Compared with October 2021, the price level of the whole range of domestic and imported products rose by 4.9%. These are the results from the Federal Statistical Office (FSO). In particular, higher prices for gas and machinery were responsible for the increase in the producer price index compared with the previous month. Rising prices were also seen in the treatment and coating of metals and the machining as well as for electrical equipment. Petroleum products, basic metals and

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14.11.2022 – The Producer and Import Price Index remained unchanged in October 2022 compared with the previous month. The index stood at 109.8 points (December 2020 = 100). Natural gas in particular became more expensive. In contrast, petroleum products showed falling prices. Compared with October 2021, the price level of the whole range of domestic and imported products rose by 4.9%. These are the results from the Federal Statistical Office (FSO).

In particular, higher prices for gas and machinery were responsible for the increase in the producer price index compared with the previous month. Rising prices were also seen in the treatment and coating of metals and the machining as well as for electrical equipment. Petroleum products, basic metals and semi-finished metal products as well as steel and light metal frameworks, however, became cheaper.

Switzerland Producer Price Index (PPI) YoY, October 2022

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Swiss Producer and Import Price Index in October 2022: +4.9 percent YoY, 0.0 percent MoM

Source: investing.com - Click to enlarge

The import price index registered lower prices compared with September 2022, particularly for petroleum products. Falling prices were also seen in basic metals and semi-finished metal products, computers and peripheral equipment, machinery, metal products as well as electricity distribution and control apparatus. Rising prices, on the other hand, were observed above all for petroleum and natural gas. Medical and dental instruments and supplies as well as other electrical equipment also showed price increases.

You can find further information in the following PDF document.


Download press release: Producer and Import Price index remained stable overall in October


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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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