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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
SwitzerlandSwitzerland Producer and Import Prices MoM climbed to 0.1% in March 2013
FMPMonthlyReleased March 2013
Switzerland Producer and Import Prices MoM climbed to 0.1% in March 2013, up 0.2% from February's -0.1% reading. The reading missed the 0.3% consensus by 0.2%.
Latest Release
0.1
Actual
0.3
Consensus
-0.1
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| USD/CHF | ▼ Inverse | −0.50 | FOREX | Bullish CHF | → View |
| EUR/CHF | ▼ Inverse | −0.45 | FOREX | Bearish EUR | → View |
| CHF/JPY | ▲ Direct | +0.40 | FOREX | Bullish CHF | → View |
| XAU/USD | ▲ Direct | +0.35 | COMMODITIES | Watch | → View |
| GBP/CHF | ▼ Inverse | −0.35 | FOREX | Bullish CHF | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Producer and Import Prices MoM (Switzerland) was reported at 0.1% in March 2013. This missed the market consensus of 0.3% by 0.2%. The reading rose from the previous value of -0.1%.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with USD/CHF (Bullish CHF). A secondary relationship exists with EUR/CHF, negatively correlated (Bearish EUR).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Balance of Trade (Jun 18) and SNB Interest Rate Decision (Jun 18).
Auto-generated from current model state · Refreshes on each release · Last update March 2013.
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Producer and Import Prices MoM - CH
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About Producer and Import Prices MoM — Switzerland
DEFINITION
Producer and Import Prices MoM is a monthly economic indicator that measures the change in prices of goods and services produced and imported by businesses. It provides valuable insight into the inflationary pressures in the economy and is closely monitored by investors, policymakers, and businesses to make informed decisions. A positive change in this indicator indicates rising prices, while a negative change suggests a decrease in prices. This data is crucial in understanding the overall health of the economy and can impact financial markets and consumer spending.
WHY THIS INDICATOR MATTERS
Trade-balance and tariff data inform exchange-rate fundamentals and feed directly into GDP via the net-exports channel. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Mar 2013): actual 0.1 %, consensus 0.3 %.
WHAT'S NEXT
This indicator correlates most strongly with USD/CHF (Bullish CHF, r=-0.50) — a useful reference for forex-focused traders.