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Production and import prices remain stable

The combined index for producer and import prices remained unchanged in August in comparison to the previous month.

The latest figures from the federal statistics office show that the producer price index increased by 0.1 per cent while that for imported goods fell by 0.1 per cent.

The short-term decline in oil prices steadied prices in August but recent rises will feed into September’s figures.

Year on year, the index is up 2.4 per cent.

In annual terms, the cost of imported goods has risen far more at 6.5 per cent than those produced at home, which show an increase of 0.7 per cent.

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SWI - a branch of Swiss Broadcasting Corporation SRG SSR

SWI - a branch of Swiss Broadcasting Corporation SRG SSR