Producer Prices in Switzerland
Switzerland - Producer Prices
Consumer prices dip again in annual terms in November
Consumer prices fell by 0.1% in November, following a 0.2% dip in October. Lower prices for food and non-alcoholic beverages; transport; and international holiday packages drove the decline. However, higher prices for housing and energy; and household goods and services partially offset the headline drop.
Consumer prices fell 0.1% year-on-year in November, after sliding 0.3% in October. Meanwhile, annual average inflation ticked down to 0.4% from 0.5% in October. Inflationary pressures should reappear gradually in the months ahead, although weak economic momentum and any strengthening of the franc will keep inflation muted.
Against this backdrop, panelists polled by FocusEconomics expect inflation to average 0.6% in 2020, which is down 0.1 percentage points from last month’s forecast, and 0.9% in 2021.
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||-0.56||6.27 %||Nov 21|
|Exchange Rate||0.99||-0.54 %||Nov 21|
|Stock Market||10,338||-0.82 %||Nov 21|
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December 3, 2019
Consumer prices fell by 0.1% in November, following a 0.2% dip in October.
December 2, 2019
Calendar-adjusted real retail sales rose 0.7% in annual terms in October, down from October’s upwardly revised 1.6% increase (previously reported: +0.9% year-on-year).
November 29, 2019
The KOF economic barometer—a leading composite indicator for the Swiss economy, which forecasts a six-month period—fell to 93.0 points in November from October’s revised 94.8 (previously reported: 94.7), which marked the worst result since April 2015.
November 28, 2019
The economy grew 0.4% on a seasonally-adjusted quarter-on-quarter basis in the third quarter, accelerating from the 0.3% expansion in the second quarter.
Switzerland: Consumer sentiment sours in the August–October period on deteriorating economic outlook
November 4, 2019
Swiss households turned more pessimistic in the August–October period, with the index prepared by the State Secretariat for Economic Affairs (SECO) declining to minus 10 points from 8 points in May–July.