In April 2025, Switzerland experienced a 0.5% year-over-year decline in its producer and import prices, intensifying from a 0.1% decrease observed in the previous month. This marked the 24th consecutive period of producer price deflation and represented the most significant drop since December 2024. Import costs decreased further, falling by 1.8% compared to a 0.9% drop in March, while producer prices remained stagnant without growth (steady at 0% compared to the previous increase of 0.3%). Month-over-month, producer and import prices rose by 0.1% in April, maintaining the same growth rate as seen in March, although slightly below the anticipated 0.2% increase. This rise was primarily driven by increased costs for machinery, despite reductions in the prices of petroleum products and natural gas.