Tuesday, 02 January 2024 12:17 GMT

Higher Crude Prices Lift Swiss Import Costs


(MENAFN- Swissinfo) Higher global crude oil prices drove up Swiss production and import prices in August, with food products seeing a notable increase. Select your language
Generated with artificial intelligence. Listening: Higher crude prices lift Swiss import costs This content was published on September 14, 2026 - 11:09 1 minute Keystone-SDA
    Français fr Les prix à la production et à l'importation tirés par le pétrole Original Read more: Les prix à la production et à l'importation tirés par le pé العربية ar ارتفاع أسعار النفط الخام يرفع كلفة الواردات السويسرية Read more: ارتفاع أسعار النفط الخام يرفع كلفة الواردات السو

The Producer and Import Price Index (PPI) rose by 0.7% in August compared with the previous month to stand at 100.4 points, but fell by the same amount year-on-year, according to the Federal Statistical Office (FSO) on Monday.

As regards the producer price index, the 0.2% month-on-month increase“is primarily due to higher prices for petroleum products and pharmaceutical preparations”. Prices also rose for pigs for slaughter, pork, raw milk, rubber and plastic products, as well as basic plastics.

Basic pharmaceutical products, other chemical products and electricity (for large consumers), on the other hand, became cheaper. Compared with August 2025, this indicator fell by 1.3%.

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