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- Swiss producer and import prices rise less than expected
Swiss producer and import prices rise less than expected
Switzerland's producer and import prices rose 0.2 percent year-on-year in June, offsetting the 0.2 percent decrease in May, the Federal Statistical Office reported Monday. It was forecast to increase by 0.3 percent.
Month-on-month, the producer and import price index edged up 0.1 percent in June, reversing last month's 0.3 percent fall. The rate of growth was below the expected 0.2 percent rise.
Producer prices and import prices gained 0.1 percent each in June from May. While producer prices rose 0.5 percent annually, import prices dipped 0.3 percent, data showed.
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