Swiss Producer and Import Price Index Climbs in February

The Swiss Federal Statistical Office has reported a 0.3% increase in the Producer and Import Price Index for February, reaching 106.7 points. This marks a notable shift from the previous month's figures.

Sector-Specific Changes

Within the producer sector, prices saw a 0.2% rise, contrasting with a 0.8% decrease in import prices. The pharmaceutical raw materials, petroleum products, and electricity sectors experienced the most significant price increases. Conversely, the import price index was most affected by declining prices in pharmaceutical specialties and chemical products.

Annual Comparison

When compared to February 2024, there has been a slight 0.1% increase in both producer and index prices, indicating a steady but slow upward trend in the Swiss economy.