Tag Archive: Switzerland inflation

Swiss Producer and Import Price Index, October 2016: +0.1 percent MoM, -0.2 percent YoY

2016-11-14

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2016-11-14

Switzerland Producer Price Index (PPI) YoY October 2016
The Producer and Import Price Index rose in October 2016 by 0.1% compared with the previous month, reaching 99.8 points (base December 2015 = 100). While the Producer Price Index declined by 0.1%, the Import Price Index rose by 0.3%. The slight overall increase is due in particular to higher prices for petroleum products. Compared with October 2015, the price level of the whole range of domestic and imported products fell by 0.2%. These are the...

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Switzerland Consumer Price Index in October 2016: -0.2 percent against 2015, +0.1 percent against last month

2016-11-07

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2016-11-07

Inflation Rate YoY and Main Drivers
Swiss consumer price inflation remain the lowest in comparison with different countries in the euro zone and the United States. Consumer prices in the U.S. are driven by rising health care costs and asset price inflation in shelter.

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SNB Monetary policy assessment September 2016 and Comments

2016-09-15

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2016-09-15

The SNB inflation forecast showed a strange diversion of conditional inflation forecasts: Draghi expected inflation to rebound to 1.2% next year and 1.6% in 2018. The SNB, however, predicts 2017 inflation at 0.2% and 2018 at 0.6%. For us, one of the two is wrong.

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Swiss Producer and Import Price Index, August 2016: -0.3 percent MoM, -0.4 percent YoY

2016-09-13

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2016-09-13

Switzerland Producer Price Index (PPI) YoY
The Producer and Import Price Index fell in August 2016 by 0.3% compared with the previous month, reaching 99.5 points (base December 2015 = 100). This decline is due in particular to lower prices for petroleum products and pharmaceutical products. Compared with August 2015, the price level of the whole range of domestic and imported products fell by 0.4%.

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Swiss Producer and Import Price Index, July 2016: +0.1 percent MoM, -0.8 percent YoY

2016-08-15

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2016-08-15

The Producer and Import Price Index fell in July 2016 by 0.1% compared with the previous month, reaching 99.8 points (base December 2015 = 100). This slight decline is due in particular to lower prices for petroleum products and watches. Compared with July 2015, the price level of the whole range of domestic and imported products fell by 0.8%. These are the findings of the Federal Statistical Office (FSO).

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Swiss Consumer Price Index in July 2016: -0.2 percent against 2015, -0.4 percent against last month

2016-08-08

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2016-08-08

The Swiss Consumer Price Index (CPI) fell by 0.4% in July 2016 compared with the previous month, reaching 100.3 points (December 2015=100). Inflation was -0.2% in comparison with the same month in the previous year. These are the findings of the Federal Statistical Office (FSO).

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Swiss Producer and Import Price Index, June 2016: +0.1 percent MoM, -1.0 percent YoY

2016-07-14

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2016-07-14

The Producer and Import Price Index rose in June 2016 by 0.1% compared with the previous month, reaching 99.9 points (base December 2015 = 100). Whereas the Producer Price Index declined by 0.2%, the Import Price Index rose by 0.8%. The slight increase of the overall index is due in particular to higher prices for petroleum products. Compared with June 2015, the price level of the whole range of domestic and imported products fell by 1.0%.

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Swiss Consumer Price Index in June 2016: -0.4 percent against 2015, +0.1 percent against last month

2016-07-07

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2016-07-07

The Swiss Consumer Price Index (CPI) increased by 0.1% in June 2016 compared with the previous month, reaching 100.7 points (December 2015=100). Inflation was -0.4% in comparison with the same month in the previous year. These are the findings of the Federal Statistical Office (FSO).

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Swiss Producer and Import Price Index, May 2016: 0.4 percent MoM, -1.2 YoY

2016-06-14

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2016-06-14

Swiss Producer Prices
The strongly negative change in producer prices in 2015 reduced the Swiss franc overvaluation in terms of the Real Effective Exchange. Now, however, producer prices are approaching the zero change again. It must also be noted that producer prices had fallen by 6% in 2015, while consumer prices went down only by 1.5%. Large margins are remaining for the Swiss retail sector.

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Swiss Consumer Price Index in May 2016: -0.4 percent against 2015, +0.1 percent against last month

2016-06-08

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2016-06-08

For the third time in a row, prices in Switzerland increased against the previous month. Inflation was -0.4% against last year. Still in 2015 yearly inflation was mostly around -1.5% y/y. Now yearly HCPI inflation is -0.5%. Will this rising price tendency continue?

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Industrial Production Recovers in March: Strong Franc Digested?

2016-05-27

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2016-05-27

The sector that got hit most by the sudden appreciation of the Swiss franc, was the industrial production. They must compete with Germany, that benefits of the weak euro. The newest data show that the industry sector has strongly recovered. This opens the question once again, if the Swiss franc is really overvalued? Certainly not against the dollar, other sectors like pharmaceuticals and chemicals export at lot to the United States.

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Swiss Producer and Import Price Index in April 2016: Down 2.4 percent to last year, up 0.3 vs last month

2016-05-17

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2016-05-17

The Producer and Import Price Index (PP) rose in April 2016 by 0.3% compared with the previous month. The Producer Price Index increased by 0.2%, the Import Price Index rose by 0.4%. The rise is due in particular to higher prices for petroleum products. Compared with April 2015, the PPI is down 2.4%

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Swiss Consumer Price Index in April 2016: -0.4 percent against 2015, +0.3 percent against last month

2016-05-09

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2016-05-09

For the second time in a row prices in Switzerland increased by 0.3% against the previous month. Inflation was -0.4% against last year. Still in 2015 inflation was mostly around -1.5%. Will this rising price tendency continue? It will be a problem for the SNB.

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Swiss Producer and Import Price Index in March 2016: The Producer and Import Price Index remains stable overall

2016-04-14

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2016-04-14

The Producer and Import Price Index remained unchanged in March 2016 compared with the previous month at 99.0 points (base December 2015 = 100). Whereas the Producer Price Index increased by 0.1%, the Import Price Index remained unchanged on average. Compared with March 2015, the price level of the whole range of domestic and imported products fell by 4.7%. These are the findings of the Federal Statistical Office (FSO).

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Swiss Consumer Price Index in March 2016: -0.9 percent against 2015, +0.3 percent against last month

2016-04-08

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2016-04-08

08.04.2016 09:15  - FSO, Prices (0353-1603-50) Swiss Consumer Price Index in March 2016 Neuchâtel, 08.04.2016 (FSO) – The Swiss Consumer Price Index increased by 0.3% in March 2016 compared with the previous month, reaching 100.1 points (December 201...

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Swiss Producer and Import Prices Index February 2016: 0.6 percent MoM, 4.6 percent YoY

2016-03-17

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2016-03-17

17.03.2016 09:15  - FSO, Prices (0353-1602-50) Producer and Import Price Index in February 2016 Neuchâtel, 17.03.2016 (FSO) – The Producer and Import Price Index fell in February 2016 by 0.6% compared with the previous month, reaching 99.0 points (ba...

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Swiss Consumer Price Index in February 2016: -0.8 percent against 2015, +0.2 percent against last month

2016-03-08

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2016-03-08

08.03.2016 09:15  - FSO, Prices (0353-1602-40) Swiss Consumer Price Index in February 2016 Neuchâtel, 08.03.2016 (FSO) – The Swiss Consumer Price Index (CPI) increased by 0.2% in February 2016 compared with the previous month, reaching 99.8 points

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Swiss Producer and Import Price Index in January 2016: Minus 5.3 percent YoY

2016-02-22

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2016-02-22

The Producer and Import Price Index fell in January 2016 by 0.4% compared with the previous month, reaching 99.6 points (base December 2015 = 100). Whereas the Producer Price Index declined by 0.1%, the Import Price Index fell by 0.8%. The decline is due largely to falling prices for petroleum products. Compared with January 2015, the price level of the whole range of domestic and imported products fell by 5.3%. These are the findings of the...

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Downwards and Upwards Drivers of Swiss Inflation

swiss cpi december
In the following we present the drivers of Swiss price inflation. We first present the components of the consumer price index. Then we explain which are upwards-drivers of inflation and which ones cause downwards adjustments.

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The Inflationary Cycle in Developed Countries Has Just Started in Germany



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