Swiss producer and import price index in August 2024

The Swiss producer and import price index rose by 0.2% in August 2024 compared with the previous month, reaching 107.4 points. The price increase was particularly marked for pharmaceutical products, while prices of petroleum products fell. The price level of all domestic and imported goods fell by 1.2% compared to August 2023. According to data from the Federal Statistical Office (FSO), the increase in the producer price index was mainly due to higher prices for pharmaceutical products compared to the previous month.