Switzerland's producer and import prices decreased less than expected in April, latest data showed Wednesday.
The producer and import price index edged down 0.1 percent on an annual basis in April, the Federal Statistical Office said. The rate of decline was slower than the 0.3 percent fall forecast by economists.
The import price index recorded a 1.5 percent decrease from a year earlier, while the producer price index moved up by 0.7 percent.
Sequentially, the producer and import price index increased 0.2 percent in April, contrary to economists' forecast for a 0.2 percent decrease. Producer prices rose 0.2 percent month-on-month, while import prices stayed unchanged, data showed.
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