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Swiss Producer and Import Price Index in April 2022: +6.7 percent YoY, +1.3 percent MoM

12.05.2022 – The Producer and Import Price Index increased in April 2022 by 1.3% compared with the previous month, reaching 108.4 points (December 2020 = 100). Higher prices were seen in particular for petroleum products as well as for basic metals and semi-finished metal products. Machinery and metal products also became more expensive. Compared with April 2021, the price level of the whole range of domestic and imported products rose by 6.7%. These are the results from the Federal Statistical Office (FSO).

In particular, higher prices for machinery, metal products, basic metals and semi-finished metal products, petroleum products and electrical equipment were responsible for the growth in the Producer Price Index compared with the previous month. Rising prices were also seen for scrap and watches.

Switzerland Producer Price Index (PPI) YoY, April 2022

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Switzerland Producer Price Index (PPI) YoY, April 2022

Source: investing.com - Click to enlarge

 

The Import Price Index registered higher prices compared with March 2022, particularly for petroleum products, basic metals and semi-finished metal products. Metal products, machinery, computers and peripheral equipment, electrical equipment, animal and vegetable oils and fats as well as pharmaceutical preparations also became more expensive. Petroleum and natural gas, on the other hand, saw falling prices.

You can find further information in the following PDF document.


Download press release: Producer and Import Price Index rose by 1.3% in April

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Swiss Statistics
The Swiss Federal Statistics Office publishes information on the situation and developments in Switzerland in a multitude of fields and plays a part in enabling comparisons at an internal level.
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