Breaking News

Tweet TWEET

Swiss Producer, Import Prices Rose for Fifth Month in January

Swiss producer and import prices advanced for a fifth month in January, led by higher domestic costs.

Prices of products ranging from factory to farm goods as well as imports increased 0.8 percent from a year earlier after climbing an annual 1 percent in December, the Federal Statistics Office in Neuchatel, Switzerland, said today. Economists forecast a gain of 1 percent, the median of five estimates in a Bloomberg News survey showed. Prices fell 0.1 percent in the month.

Import costs declined 0.3 percent in the month and 0.1 percent from a year earlier, today’s report showed. Producer prices fell 0.1 percent in the month and advanced 1.2 percent in the year.

To contact the editor responsible for this story: Zoe Schneeweiss at zschneeweiss@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.