Prices are rising again in Switzerland – RSI Schweizer Radio und Fernsehen

Prices are rising again in Switzerland – RSI Schweizer Radio und Fernsehen
Prices are rising again in Switzerland – RSI Schweizer Radio und Fernsehen

Producer and import prices continue to rise in Switzerland. In June, the relative index calculated by the Federal Statistical Office (FSO) was 109.8 points, i.e. a growth of 0.3% compared to May and a plus of 6.9% compared to the same period in 2021.

In detail, with regard to producer price data alone, showing the evolution of domestic products, we note a growth of 0.2% (month) and 4.4% (year) with an index of 106 .0 points. Compared to May, prices for petroleum products, some building materials and dairy products in particular have increased.

The second sub-index, that of import prices, posted increases of 0.6% and 12.1%, respectively, with an index of 117.9. More had to be paid monthly, especially in this case also for petroleum products, but the cost of cars and their components, as well as computers, also increased.

Negative growth estimates for the euro zone

Inflation is also rising in the EU and has reached new highs. In 2022, it is expected to reach 7.6% of arrivals, 1.5 percentage points higher than the estimates of a few months ago. In 2023, however, it should not fall to the 2.7% forecast, but to around 4%.

TG 12:30 p.m. on Thursday 07/14/2022

The energy crisis, fueled by growing uncertainty around the conflict in Ukraine, is also lowering eurozone growth forecasts. According to new estimates from the European Commission, presented Thursday morning in Brussels, growth will be capped at 2.6% in 2022 and 1.4% in 2023, with 2.3 next year.

ATS / EnCa


Published on :
Jul 14, 2022 12:44 p.m.


Last edited at:
Jul 14, 2022 at 1:55 p.m.

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