FX.co ★ Switzerland's PPI Shows Slight Decrease in March 2024

According to recent data released by Switzerland, the Producer Price Index (PPI) for March 2024 showed a slight decrease compared to the previous month. In February 2024, the PPI had stopped at -2%, but in March 2024, it decreased further to -2.1%. The comparison period, which is year-over-year, indicates that the current PPI is lower than the PPI of March 2023. This decrease may have implications for the Swiss economy, affecting production costs and potentially influencing consumer prices in the future. The data was updated on 15 April 2024, providing insight into the country's economic performance in the latest period.