LOGO
LOGO

European Economic News

Swiss Producer & Import Prices Fall Most Since Late 2009

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Swiss producer and import prices logged the worst annual fall in nearly five-and-a-half years in February, driven lower by further declines in oil prices and a strong Swiss franc, data from the Federal Statistical Office showed Monday.

The producer and import price index declined 3.6 percent year-on-year, which was the biggest fall since October 2009, when the measure dropped 4.7 percent.

In January, the index decreased 2.7 percent. The measure has been declining since October 2013.

The monthly fall of 1.4 percent in the producer and import prices was the biggest since November 2008, when the index dropped by the same size. In January, prices decreased 0.6 percent.

Domestic producer prices declined 0.7 percent and prices of imports fell 3 percent.

For comments and feedback contact: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.

Global Economics Weekly Update -May 18 – May 22, 2026

May 22, 2026 14:46 ET
Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.

Latest Updates on COVID-19