Live Updates > Live Update Details
2025-12-15 15:57:43
[Swiss Producer and Import Price Deflation Slows to Four-Month Low in November] ⑴ Swiss producer and import prices fell 1.6% year-on-year in November, a slight improvement from the 1.7% decline in the previous month. ⑵ This is the mildest rate of producer price deflation since July, mainly driven by a narrowing of the producer price decline to 1.2% (compared to a 1.3% decline in October) and a narrowing of the import price decline to 2.5% (compared to a 2.7% decline in the previous month). ⑶ On a monthly basis, producer and import prices fell 0.5% month-on-month in November, a further widening of the decline from the 0.3% drop in the previous month, and contrary to market expectations of a 0.1% month-on-month increase. ⑷ The monthly decline was mainly due to lower prices for pharmaceuticals and chemicals, as well as oil and gas. ⑸ In contrast, refined petroleum product prices continued to rise.
