On a nominal basis no surprise that the IPI and the PPI went up in March because of higher oil prices. On the other hand, because the CHF appreciated at a rate higher than that of oil costs went down. On the other hand real costs went down because of the increase in the value of the CHF.
Producer and Import Price Index rose by 0.3% in March 2019
The Producer and Import Price Index increased in March 2019 by 0.3% compared with the previous month, reaching 102.2 points (December 2015 = 100). The rise is due in particular to higher prices for petroleum products. Compared with March 2018, the price level of the whole range of domestic and imported products fell by 0.2%. These are some of the findings from the Federal Statistical Office (FSO).
- Posted: Apr 15, 2019 2:31am
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