Swiss producer and import prices rose by 0.9% year-on-year in October.

In Switzerland, producer and import prices in October 2026 rose by 0.9% year-on-year, marking the first increase since April 2023 and reversing last month's 0.2% decline. This rebound was mainly driven by a 4.3% surge in import prices, a notable acceleration from September’s 0.8%; meanwhile, producer prices fell by 0.5%, a narrower drop compared to the previous 1.2% decrease. The rise in import costs was primarily due to petroleum and natural gas (68.3%), petroleum products (117.7%), and manufactured goods (3.5%). At the same time, producer prices were supported by higher costs for petroleum products (116.3%), wiring devices (6.4%), as well as medical and dental instruments and supplies (1.9%). On a month-on-month basis, the composite index increased by 0.9%, well above the expected 0.2%, and faster than September’s 0.3%. Import prices rose by 1.7%, while producer prices advanced by 0.5%.