Swiss Producer Prices Extend Decline in February, Pointing to Persistent Disinflation Pressures

Switzerland’s producer prices fell further in February 2026, underscoring ongoing disinflationary pressures at the factory gate. The country’s Producer Price Index (PPI) declined by 0.3% month-over-month, following a 0.2% month-on-month drop in January 2026.

The data, updated on 17 March 2026, show that February’s reading deepened the negative trend, with prices received by Swiss producers weakening more than in the previous month. On a month-over-month comparison basis, the “actual” figure for February reflects the change versus January, while the “previous” figure for January captures the change against December, highlighting a steady deterioration in producer-level pricing.