Steady Prices in December

In a recent report by the Swiss Federal Statistical Office, it was revealed that the Swiss Producer and Import Price Index remained steady in December, marking no change from the previous month and settling at 106.3 points. This stability comes as the producer price index showed no movement, whereas the import price index experienced a slight decrease of 0.2% compared to November.

Notable Changes in Specific Sectors

Among the various sectors, cocoa and chocolate products stood out with a significant 7.5% increase in producer prices month on month. On the flip side, the import price index saw a minor decline, largely due to falling prices in pharmaceutical specialties.

Annual Comparison Shows Growth

When comparing December's figures to the same month in the previous year, there's a noticeable 0.9% rise in both producer and index prices, indicating a gradual upward trend in the Swiss economy.