Switzerland's producer and import prices increased more-than-expected in April, the Federal Statistical Office reported Tuesday.
The producer and import price index posted a monthly increase of 0.8 percent in April, following a 0.2 percent increase in March. Prices were expected to rise the same by 0.2 percent.
The upward trend in April was mainly driven by higher costs for petroleum products as well as petroleum and natural gas. Apart from that, basic metals and semi-finished metal products also became more expensive.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.