Switzerland’s producer and import prices increased in July, data from the Federal Statistical Office showed on Friday.
Producer and import prices rose 3.3 percent year-on-year in July.
The producer price index increased 2.1 percent annually in July and import prices accelerated 5.9 percent.
On a monthly basis, producer and import prices increased 0.5 percent in July.
Prices for metal products, basic metals and semi-finished metal products, and petroleum products were higher in July, the agency said. Domestic sale prices grew 2.5 percent yearly in July and rose 0.6 percent from a month ago.