Switzerland’s producer and import prices decreased in February, data from the Federal Statistical Office showed on Thursday.
Producer and import prices fell 1.1 percent year-on-year in February.
The producer price index declined 0.9 percent annually in February and import prices decreased 1.7 percent.
On a monthly basis, producer and import prices remained unchanged in February.
Prices for petroleum products, as well as for basic metals and semi- finished metal products were higher in February, while prices for pharmaceutical products declined, the agency said.
Domestic sale prices fell 0.1 percent yearly in February and remained unchanged from a month ago.
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