Economic Buzz: Switzerland Producer And Import Price Index Rise In June

14 Jul 2022 , 03:02 PM

According to the results from the Federal Statistical Office (FSO), Switzerland Producer and Import Price Index rose in June 2022 by 0.3% compared with the previous month, reaching 109.8 points (December 2020 = 100). Petroleum products in particular were more expensive. Compared with June 2021, the price level of the whole range of domestic and imported products rose by 6.9%. The import price index registered higher prices compared with May 2022, particularly for petroleum products. Furthermore, motor vehicles and motor vehicle parts, builders and interiors joinery, computers, other transport equipment, leather and travel goods also became more expensive. In contrast, basic metals and semi-finished metal products as well as petroleum and natural gas saw lower prices.Powered by Commodity Insights