Switzerland’s producer and import prices decreased in November, data from the Federal Statistical Office showed on Tuesday.
Producer and import prices fell 2.7 percent year-on-year in November.
The producer price index decreased 1.3 percent annually in November and import prices decreased 5.3 percent.
On a monthly basis, producer and import prices fell 0.1 percent in November.
The latest decline was mainly due to a fall in prices of petroleum products and pharmaceutical preparations, the agency said.
Domestic sale prices fell 0.9 percent yearly in November and declined 0.2 percent from a month ago.