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Indicator Digest

Producer Prices

Main Indicator: Producer and Import Prices

Most Recent Release

February
15th, 2010
Actual Forecast Previous Revised Form
0.3% 0.1% 0.2% N/A

For January
Provided by: Federal Statistics Office

y/y: -1.3%, forecast -1.5%, pr. -2.5%

Table of Past Data

2/133/134/165/146/157/138/139/141/152/15
Actual-0.8%-0.6%-0.5%-0.2%-0.3%0.0%0.0%0.1%0.1%0.3%
Forecast-0.1%-0.2%-0.2%0.6%0.1%0.1%0.1%0.1%0.2%0.1%
Previous-0.7%-0.8%-0.6%-0.5%-0.2%-0.3%0.0%0.0%0.0%0.2%
Revised FromN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A

Past Releases

January
15th, 2010
Actual Forecast Previous Revised Form
0.1% 0.2% 0.0% N/A
For December
Provided by: Federal Statistics Office
September
14th, 2009
Actual Forecast Previous Revised Form
0.1% 0.1% 0.0% N/A

For August
PPI "Producer and Import Price Index"
Provided by: Federal Statistics Office

PII y/y: -5.5% pr. -6.1% (Jul), -5.6% (Jun), -5.0% (May), -3.6% (Apr),
-2.8% (Mar), -1.8% (Feb), -0.9% (Jan), 0.4% (Dec), 1.1% (Nov),
2.9% (Oct), 3.7% (Sep), 4.0% (Aug),

August
13th, 2009
Actual Forecast Previous Revised Form
0.0% 0.1% 0.0% N/A

For July
PPI "Producer and Import Price Index"
Provided by: Federal Statistics Office

PII y/y: -6.1%, pr. -5.6% (Jun), -5.0% (May), -3.6% (Apr), -2.8% (Mar),
-1.8% (Feb), -0.9% (Jan), 0.4% (Dec), 1.1% (Nov), 2.9% (Oct),
3.7% (Sep), 4.0% (Aug),

July
13th, 2009
Actual Forecast Previous Revised Form
0.0% 0.1% -0.3% N/A

For June
PPI "Producer and Import Price Index"
Provided by: Federal Statistics Office

PII y/y: -5.6% (June) pr. -5.0% (May), -3.6% (Apr), -2.8% (Mar), -1.8% (Feb),
-0.9% (Jan), 0.4% (Dec), 1.1% (Nov), 2.9% (Oct), 3.7% (Sep),
4.0% (Aug),

Producer Prices m/m: -0.1% (June)
y/y:  pr. -2.9% (May), -1.5% (Apr), -0.7% (Mar), -0.1% (Feb), 1.0% (Jan),

Import Prices m/m:  pr. -0.3% (May), -0.5% (Apr), -0.7% (Mar), -0.5% (Feb),
-2.0% (Jan)
y/y: -9.6%(June), pr. -8.9% (May), -7.6% (Apr), -6.7% (Mar), -5.0% (Feb), -4.7% (Jan)

The global recession maintains a grip on prices, as producers are forced to lower prices to attract buyers. Prices have been dropping precipitously, with producer prices down 3.4% and imports prices down 9.6% annually. 

June
15th, 2009
Actual Forecast Previous Revised Form
-0.3% 0.1% -0.2% N/A

For May
PPI "Producer and Import Price Index"
Provided by: Federal Statistics Office

PII y/y: -5.0%,  pr. -3.6% (Apr), -2.8% (Mar), -1.8% (Feb),
-0.9% (Jan), 0.4% (Dec), 1.1% (Nov), 2.9% (Oct), 3.7% (Sep),
4.0% (Aug),

Producer Prices m/m: -0.3%
y/y: -2.9%, pr. -1.5% (Apr), -0.7% (Mar), -0.1% (Feb), 1.0% (Jan),

Import Prices m/m: -0.3%, pr. -0.5% (Apr), -0.7% (Mar), -0.5% (Feb),
-2.0% (Jan),
y/y: -8.9%, pr. -7.6% (Jun), -6.7% (Mar), -5.0% (Feb), -4.7% (Jan),

May
14th, 2009
Actual Forecast Previous Revised Form
-0.2% 0.6% -0.5% N/A

For April
PPI "Producer and Import Price Index"
Provided by: Federal Statistics Office

PII y/y: -3.6%, forecast -2.6%, pr. -2.8% (Mar), -1.8% (Feb), -0.9% (Jan),
0.4% (Dec), 1.1% (Nov), 2.9% (Oct), 3.7% (Sep), 4.0% (Aug), 4.9% (Jul)

Producer Prices m/m: 0.0%,
Producer Prices y/y: -1.5%, pr. -0.7% (Mar), -0.1% (Feb), 1.0% (Jan),

Import Prices m/m: -0.5%, pr. -0.7% (Mar), -0.5% (Feb), -2.0% (Jan),
Import Prices y/y: -7.6%, pr. -6.7% (Mar), -5.0% (Feb), -4.7% (Jan),

Swiss April producer and import prices fell more than expected in April, posting a 0.2% decline for the month compared to expectations of a rise of 0.6%. On the year the producer and import price index slid 3.6%, accelerating the pace of price deflation. Import prices contracted 7.6% on the year, while producer prices were 1.5% lower. On the year, lower oil and metal prices werw the main negative components.

April
16th, 2009
Actual Forecast Previous Revised Form
-0.5% -0.2% -0.6% N/A

For March
PPI "Producer and Import Price Index"
Provided by: Federal Statistics Office

PII y/y: -2.8%, forecast -2.4%, pr. -1.8% (Feb), -0.9% (Jan), 0.4% (Dec),
1.1% (Nov), 2.9% (Oct), 3.7% (Sep), 4.0% (Aug), 4.9% (Jul)
Producer Prices y/y: -0.7%, pr. -0.1% (Feb), 1.0% (Jan), 1.9% (Dec),
2.2% (Nov), 2.8% (Oct), 3.1% (Sep), 3.5% (Aug), 2.5% (Jul)
Import Prices m/m: -0.7%, pr. -0.5% (Feb), -2.0% (Jan), -1.6% (Dec),
-3.4% (Nov), -1.2% (Oct), -0.7% (Sep), -0.2% (Aug), -0.7% (Jul)
Import Prices y/y: -6.7%, pr. -5.0% (Feb), -4.7% (Jan), -2.3% (Dec),
-1.0% (Nov), 2.9% (Oct), 4.9% (Sep), 4.9% (Aug), 2.1% (Jul)

March
13th, 2009
Actual Forecast Previous Revised Form
-0.6% -0.2% -0.8% N/A

For February
PPI "Producer and Import Price Index"
Provided by: Federal Statistics Office

PII y/y: -1.8%, forecast -1.2%, pr. -0.9% (Jan), 0.4% (Dec), 1.1% (Nov),
2.9% (Oct), 3.7% (Sep), 4.0% (Aug), 4.9% (Jul)

Producer Prices y/y: -0.1%, pr. 1.0% (Jan), 1.9% (Dec), 2.2% (Nov),
2.8% (Oct), 3.1% (Sep), 3.5% (Aug), 2.5% (Jul)

Import Prices m/m: -0.5%, pr. -2.0% (Jan), -1.6% (Dec), -3.4% (Nov),
-1.2% (Oct), -0.7% (Sep), -0.2% (Aug), -0.7% (Jul)

Import Prices y/y: -5.0%, pr. -4.7% (Jan), -2.3% (Dec), -1.0% (Nov),
2.9% (Oct), 4.9% (Sep), 4.9% (Aug), 2.1% (Jul)

Swiss producer and import prices fell 0.6% in February compared to January, and 1.8% in annual terms, accelerated a pace of falling prices that may pose the threat of deflation. A strong Swiss Franc is making imports cheaper from abroad and may be part of the reason that the Swiss National Bank decided to intervene in currency markets to weaker the Franc. Import prices are now down 5% on the year. Therefore it is not necessarily the economy causing prices to decline but cheaper imports.  

February
13th, 2009
Actual Forecast Previous Revised Form
-0.8% -0.1% -0.7% N/A

For January
PPI "Producer and Import Price Index"
Provided by: Federal Statistics Office

PII y/y: -0.9%, pr. 0.4% (Dec), 1.1% (Nov), 2.9% (Oct), 3.7% (Sep),
4.0% (Aug), 4.9% (Jul)
Producer Prices y/y: 1.0%, pr. 1.9% (Dec), 2.2% (Nov), 2.8% (Oct),
3.1% (Sep), 3.5% (Aug), 2.5% (Jul)
Import Prices m/m: -2.0%, pr. -1.6% (Dec), -3.4% (Nov), -1.2% (Oct),
-0.7% (Sep), -0.2% (Aug), -0.7% (Jul)
Import Prices y/y: -4.7%, pr. -2.3% (Dec), -1.0% (Nov), pr 2.9% (Oct),
4.9% (Sep), 4.9% (Aug), 2.1% (Jul)

Producer and import prices in Switzerland continued falling in January. The producer and import price index fell 0.8% on the month which put the annual rate at -0.9%. The decline was much larger than expected, and continues a sixth straight month of negative inflation. Import prices, on the year, were down 4.7% which led the overall decline.