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Swiss Producer, Import Prices Fell Less Than Forecast in August

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Sept. 13 (Bloomberg) -- 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.

To contact the reporter on this story: Simone Meier in Zurich at smeier@bloomberg.net

To contact the editor responsible for this story: Craig Stirling at cstirling1@bloomberg.net

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