Switzerland’s producer and import prices increased in May, data from the Federal Statistical Office showed on Monday.
Producer and import prices rose 3.2 percent year-on-year in May.
The producer price index increased 1.6 percent annually in May and import prices accelerated 6.4 percent.
On a monthly basis, producer and import prices increased 0.8 percent in May.
Prices for chemical products, rubber and plastic products, basic metals, semi-finished metal products and pharmaceutical products were higher in May, the agency said.
Domestic sale prices grew 2.1 percent yearly in May and rose 0.3 percent from a month ago.