Monday, September 13, 2010

Producer price index and import of Switzerland increased slightly in August.

Producer price index and import of Switzerland increased by 0,1% in August on a monthly basis, according to Federal Statistical Office. Raising prices in the reporting period was less than expected analysts (0.3%). Prices rose as domestically produced goods (+0,2%), and imported products (0.1%). Recall that the previous month fell by 0,5%.

Annualised index of producer prices and imports remained unchanged in August compared with the previous month, reaching 0,5%. Predicted to decline to 0,3%.

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