Producer price index declined in Switzerland

Monday, 16 April 2012 03:56

According to Federal Statistics Office Swiss producer price index increased by seasonally adjusted 0.3% in March.

Analysts forecasted 0.5% growth for March, after February’s reading showed 0.8% gain.

Comparing with 2011 March brought 2.0% decrease.

Swiss franc was traded at 0.9239 against USD after report release.