Swiss Producer and Import Deflation Sharpest in 1 Year

EthereumCraftsman · 2026-02-23T07:50:18+00:00

In January 2026, Switzerland experienced a 2.2% year-on-year decline in producer and import prices, the sharpest drop since January 2024. This was driven by significant decreases in both producer and import costs, particularly in areas like electricity and petroleum products.

EthereumCraftsman

2026-02-23 07:50:18

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Switzerland’s producer and import prices dropped by 2.2% year-on-year in January 2026, deepening from a 1.8% fall in the previous month. This marked the sharpest producer deflation since January 2024, driven by faster declines in both producer prices (-1.5% vs -1.3% in December) and import costs (-3.5% vs -2.8%). On a monthly basis, producer and import prices fell by 0.2% in January, missing market estimates of a 0.1% gain and the same pace as in the preceding period. Prices declined mainly for electricity, irradiation, electromedical and electrotherapeutic equipment, petroleum products and slaughter pigs in the Producer Price Index, while petroleum products, pharmaceutical preparations and petroleum and natural gas in particular were responsible for a fall in the Import Price Index compared with December 2025.

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