Switzerland’s producer price inflation remained in negative territory in May 2026, though the pace of decline moderated compared with the previous month. Year-over-year, the Producer Price Index (PPI) stood at -1.8% in May, an improvement from -2.0% recorded in April 2026.
The data, updated on 15 June 2026, indicate that factory-gate prices are still lower than a year earlier, but the marginal easing in deflation suggests some stabilization in cost pressures at the producer level. The current reading compares the change in May 2026 to May 2025, while the previous figure measured April 2026 against April 2025, highlighting a slightly less pronounced annual drop in prices as the second quarter progresses.