by 14.02.2023 – The Producer and Import Price Index rose in January 2023 by 0.7% compared with the previous month, reaching 109.2 points (December 2020 = 100). In particular, petroleum and natural gas as well as electricity saw higher prices. Petroleum products, in contrast, became cheaper. Compared with January 2022, the price level of the whole range of domestic and imported products rose by 3.3%. These are the results from the Federal Statistical Office (FSO). In particular, higher prices for electricity were responsible for the increase in the producer price index compared with the previous month. Rising prices were also observed for watches, electronic components and boards, gas, medical and dental instruments and supplies, metal products, instruments and
Topics:
Swiss Statistics considers the following as important: 2) Swiss and European Macro, 2.) Swiss Statistics - Press Releases, Featured, newsletter, Switzerland Producer Price Index
This could be interesting, too:
Eamonn Sheridan writes CHF traders note – Two Swiss National Bank speakers due Thursday, November 21
Charles Hugh Smith writes How Do We Fix the Collapse of Quality?
Marc Chandler writes Sterling and Gilts Pressed Lower by Firmer CPI
Michael Lebowitz writes Trump Tariffs Are Inflationary Claim The Experts
| 14.02.2023 – The Producer and Import Price Index rose in January 2023 by 0.7% compared with the previous month, reaching 109.2 points (December 2020 = 100). In particular, petroleum and natural gas as well as electricity saw higher prices. Petroleum products, in contrast, became cheaper. Compared with January 2022, the price level of the whole range of domestic and imported products rose by 3.3%. These are the results from the Federal Statistical Office (FSO).
In particular, higher prices for electricity were responsible for the increase in the producer price index compared with the previous month. Rising prices were also observed for watches, electronic components and boards, gas, medical and dental instruments and supplies, metal products, instruments and appliances for measuring and testing, as well as for non-ferrous metal products. In contrast, lower prices were seen for steel and orthopaedic and prosthetic devices. |
Switzerland Producer Price Index (PPI) YoY, January 2023(see more posts on Switzerland Producer Price Index, ) Source: investing.com - Click to enlarge |
The import price index registered higher prices compared with December 2022, particularly for petroleum and natural gas. Rising prices were also observed for metal products, furniture, electronic components and boards as well as for other non-ferrous metals. In contrast, petroleum products, computers and peripheral equipment, aluminium and products made therefrom, pharmaceutical preparations and orthopaedic and prosthetic devices became cheaper.
Download press release: Producer and Import Price Index rose by 0.7% in January
Tags: Featured,newsletter,Switzerland Producer Price Index