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Swiss Producer and Import Price Index in June 2022: +6.9 percent YoY, +0.3 percent MoM

14.07.2022 – The 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%. These are the results from the Federal Statistical Office (FSO).

In particular, higher prices for builders’ and interiors’ joinery as well as petroleum products were responsible for the increase in the producer price index compared with the previous month. Increasing prices were also seen for gas and dairy products. In contrast, scrap became cheaper.

Switzerland Producer Price Index (PPI) YoY, June 2022

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Switzerland Producer Price Index (PPI) YoY, June 2022

Source: investing.com - Click to enlarge

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.

Download press release: Producer and Import Price Index rose in June by 0.3%

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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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