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- Swiss producer and import price index rose by 0.6% in March
Swiss producer and import price index rose by 0.6% in March
According to the report from the Federal Statistical Office (FSO), the Producer and Import Price Index increased in March 2021 by 0.6% compared with the previous month, reaching 100.8 points (December 2020 = 100).
In particular, petroleum products, basic metals and semi-finished metal products as well as petroleum and natural gas saw higher prices.
Compared with March 2020, the price level of the whole range of domestic and imported products fell by 0.2%.
In particular, higher prices for petroleum products were responsible for the increase in the producer price index compared with the previous month. Scrap, basic metals, semi-finished metal products and meat also became more expensive.
The import price index registered higher prices compared with February 2021, particularly for petroleum products, petroleum and natural gas as well as basic metals and semi-finished metal products. The same applies for food products, leather and related products, other transport equipment, motor vehicles and motor vehicle parts. Computers became cheaper.
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