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Swiss Producer And Import Prices Rise In February

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Switzerland’s producer and import prices increased in February, mainly driven by higher petroleum prices, data from the Federal Statistical Office showed on Tuesday.

Producer and import prices rose 5.8 percent year-on-year in February.

The producer price index rose 3.9 percent annually in February and import prices increased 9.8 percent.

On a monthly basis, producer and import prices increased 0.4 percent in February.

Prices for basic metals and semi-finished metal products also increased in February, the agency said.

Domestic sale prices gained 4.9 percent yearly in February and rose 0.6 percent from a month ago.

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