Switzerland March producer and import prices +0.6% vs 0.0% m/m prior

Latest data released by the Federal Statistics Office - 16 April 2021

  • Prior 0.0%
  • Producer and import prices -0.2% y/y
  • Prior -1.1%

Price pressures are seen improving last month but that could also owe to higher input costs in general across the region, as a result of supply constraints. The year-on-year reading improvement is also likely helped by base effect adjustments.

Overall, nothing to change the existing stance of SNB policy in the big picture.

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