Producer Prices in Switzerland
Switzerland - Producer Prices
Inflation stable in June
Consumer prices were stable over the prior month in June, down from May’s 0.3% rise. Higher prices for recreation and culture were offset by falling clothing and footwear, and transport costs.
Inflation was stable at May’s 0.6% in June, while annual average inflation ticked down to 0.8% in June from 0.9% in May.
Against this backdrop, panelists polled by FocusEconomics expect inflation to remain relatively anemic over the medium-term and see inflation averaging 0.6% in 2019, which is unchanged from last month’s forecast, and averaging 0.8% in 2020.
Switzerland - Producer Prices Data
|Inflation (PPI, annual variation in %)||0.3||-0.8||-3.7||-1.3||0.0|
5 years of economic forecasts for more than 30 economic indicators.
Switzerland Producer Prices Chart
|Bond Yield||-0.61||6.27 %||Jul 11|
|Exchange Rate||0.99||-0.54 %||Jul 11|
|Stock Market||9,880||-0.82 %||Jul 11|
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July 4, 2019
Consumer prices were stable over the prior month in June, down from May’s 0.3% rise.
Switzerland: Manufacturing sector contracts at sharper pace in June; expansion in services sector slows
July 1, 2019
The manufacturing Purchasing Managers’ Index (PMI) produced by Credit Suisse and procure.ch edged down to 47.7 in June from 48.6 in May, falling to the lowest level since October 2012.
July 1, 2019
Calendar-adjusted real retail sales fell 1.7% over the same month a year prior in May, following the 0.8% decline logged in April.
June 28, 2019
The KOF economic barometer—a leading composite indicator for the Swiss economy, which forecasts a six-month period—dropped to 93.6 points in June from May’s downwardly revised 93.8 points (previously reported: 94.4 points).
June 13, 2019
At its meeting on 13 June, the Swiss National Bank (SNB) maintained its current expansionary policy stance as had been expected by market analysts.