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Financial News: Swiss Producer And Import Prices Decline In February

Swiss Producer And Import Prices Decline In February

03/18/2021 - 04:12:00 (RTTNews)

(RTTNews) - Switzerland's producer and import prices decreased in February, data from the Federal Statistical Office showed on Thursday.

Producer and import prices fell 1.1 percent year-on-year in February.

The producer price index declined 0.9 percent annually in February and import prices decreased 1.7 percent.

On a monthly basis, producer and import prices remained unchanged in February.

Prices for petroleum products, as well as for basic metals and semi-finished metal products were higher in February, while prices for pharmaceutical products declined, the agency said.

Domestic sale prices fell 0.1 percent yearly in February and remained unchanged from a month ago.

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