{"id":343927,"date":"2026-03-17T14:47:13","date_gmt":"2026-03-17T14:47:13","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/343927\/"},"modified":"2026-03-17T14:47:13","modified_gmt":"2026-03-17T14:47:13","slug":"switzerland-february-producer-and-import-prices-0-3-vs-0-2-m-m-prior","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/343927\/","title":{"rendered":"Switzerland February producer and import prices -0.3% vs -0.2% m\/m prior"},"content":{"rendered":"<p class=\"text-align-justify\" data-v-4026719d=\"\">The breakdown shows that producer prices in Switzerland fell by 0.5% on the month in February with import prices increasing slightly by 0.2%. At the balance, this still points to a 0.3% monthly drop. On an annual basis, producer and import prices are seen down 2.7% relative to the same month a year ago.<\/p>\n<p class=\"text-align-justify\" data-v-4026719d=\"\">Looking at the breakdown, the main drag in producer prices last month were for pharmaceutical products and for chemical products. That is slightly offset by a bit of an increase in prices for petroleum products and electricity. Of note, the core inflation reading for this index is seen down 0.5% on the month and down 1.8% year-on-year.<\/p>\n<p class=\"text-align-justify\" data-v-4026719d=\"\">As for import prices, the increase was a result of price jumps in petroleum products as well as petroleum and natural gas mostly. The core inflation reading for this index also shows a slight drop of 0.1% with the year-on-year estimate being down 2.5%.<\/p>\n<p class=\"text-align-justify\" data-v-4026719d=\"\">Overall, the core inflation reading* for the producer and index price is down 0.4% on the month in February and down 2.1% compared to the same month last year.<\/p>\n<p class=\"text-align-justify\" data-v-4026719d=\"\">That points to negative contributions, which won&#8217;t be welcome by the SNB as they continue to have to deal with deflationary pressures alongside a stronger currency in recent weeks amid the US-Iran conflict.<\/p>\n<p class=\"text-align-justify\" data-v-4026719d=\"\">*excluding raw materials and any product groups close to raw materials whose prices are subject to high volatility (in particular agricultural<br \/>\n products, meat, petroleum products, metals, gas<\/p>\n","protected":false},"excerpt":{"rendered":"The breakdown shows that producer prices in Switzerland fell by 0.5% on the month in February with import&hellip;\n","protected":false},"author":2,"featured_media":227631,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[114,184,85,46],"class_list":["post-343927","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-il","tag-israel"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/343927","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=343927"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/343927\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/227631"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=343927"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=343927"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=343927"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}