Swiss producer and import prices dropped less than economists forecast in August.
Prices for products ranging from factory to farm goods as well as imports slipped 0.1 percent from a year earlier after declining 1.8 percent in July, the Federal Statistics Office in Neuchatel, Switzerland, said today. Economists forecast a decrease of 0.7 percent, according to the median of four estimates in a Bloomberg News survey.
Prices rose 0.5 percent from July. Import prices declined 1 percent in the year, while producer prices rose 0.3 percent, the report showed.