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Macroeconomics  |  June 13, 2012 12:43:00

Production and import prices in Switzerland in May fell by 2.3 pct

Production and import prices in Switzerland in May decreased by 0.2% following a decline of 0.1% in April, the Statistical Office reported. The decrease was primarily in oil and oil products. In comparison prices fell by 2.3% and remained since May last year in negative territory. A majority consensus expected annual change -2.0%.

Import price index in May fell by 0.8% after stagnating in April. Compared deepened down from -3.4% to -4.5%.The monthly drop in the price level came from prices of energy raw materials (oil, natural gas, coal), as well as paper products, petroleum products, chemical and pharmaceutical products, glass, ceramics and concrete products, metal products. Industrial producer price index in May increased by 0.1% after a decline by the same amount in April. Compared slowed down from -1.8% to -1.2%. Significantly decreased, mom, prices of petroleum products and increased prices of chemical and pharmaceutical products, pigs and pork meat, paper products, rubber and plastic products, glass and ceramics.Products made in the domestic market in May, unchanged mom and export prices increased by 0.2%. Compared to last year, the domestic output prices decreased by 0.8% and export prices declined by 1.6%.

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Výrobní a dovozní ceny Švýcarska v květnu meziročně poklesly o 2,3 pct

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