Producer and import prices in Switzerland fell 0.2 percent year-on-year in March 2019, following a 0.7 percent drop in the previous month and matching market expectations. It was the third straight month of decline in producer and import prices, as a drop in producer prices (-0.5 percent vs -0.6 percent in February) offset an increase in import prices (0.5 percent vs -0.7 percent in February). On a monthly basis, producer and import prices went up 0.3 percent, slightly beating market expectations of a 0.2 percent gain. Producer Prices Change in Switzerland averaged 1.08 percent from 1964 until 2019, reaching an all time high of 18.66 percent in April of 1974 and a record low of -6.80 percent in August of 2015.
Producer Prices Change in Switzerland is expected to be 0.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in Switzerland to stand at 0.90 in 12 months time. In the long-term, the Switzerland Producer and Import Prices YoY is projected to trend around 2.00 percent in 2020, according to our econometric models.