Switzerland’s producer and import prices continued to decline in September, data from the Federal Statistical Office showed on Thursday.

Producer and import prices fell 3.1 percent year-on-year in September.

The producer price index fell 1.9 percent annually in September and import prices decreased 5.6 percent.

On a monthly basis, producer and import prices rose 0.1 percent in September.

The latest increase was mainly due to rise in prices for iron scraps, and metals and semi-finished metal products, the agency said.

Domestic sale prices fell 0.7 percent yearly in September and remained unchanged from a month ago.

The material has been provided by InstaForex Company – www.instaforex.com

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