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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
SwitzerlandSwitzerland Producer Price Index MoM fell to -0.4% in May 2026
FMPMonthlyReleased June 2026
Switzerland Producer Price Index MoM fell to -0.4% in May 2026, released June 2026, down 1.2% from April's 0.8% reading. The reading missed the 0.4% consensus by 0.8%. The print is running well below the 12-month average of -0.15%. Over the past 3 months, Producer Price Index MoM averaged 0.23%, vs -0.2% in the prior 3-month window. The reading is in the 19th percentile of the trailing 24-month range.
Latest Release
-0.4
Actual
0.4
Consensus
0.8
Previous
Median Absolute Error
±0.21 percentage points
across last 12 releases
Last Call
Jun 2026
Predicted: 0.43
Actual: -0.4
Error: +0.83
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 |
|---|---|---|---|---|---|
| Euro STOXX 50 | ▼ Inverse | −0.41 | INDEX | Bearish Euro STOXX 50 | → View |
| EUR/USD | ▼ Inverse | −0.37 | FOREX | Bearish EUR | → View |
| XAU/USD | ▼ Inverse | −0.35 | COMMODITIES | Bearish XAU | → View |
| BTC/USD | ▲ Direct | +0.27 | CRYPTO | Bullish BTC | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Producer Price Index MoM (Switzerland) was reported at -0.4% in June 2026. This missed the market consensus of 0.4% by 0.8%. The reading fell from the previous value of 0.8%. Trailing 12-month context per ETL data through June 2026. Over the past 12 months, the indicator has averaged -0.2%, ranging from -0.6% to 0.8% across 11 releases. This is classified as a medium-impact indicator released on a monthly basis.
WHY IT MATTERS
The trailing three releases averaged 0.03%, up from the prior three at -0.3%.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with Euro STOXX 50 (Bearish Euro STOXX 50). A secondary relationship exists with EUR/USD, negatively correlated (Bearish EUR). Over the last 12 releases, the Sigmacast model's median absolute error is 0.21%.
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 June 2026.
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Producer Price Index MoM - CH
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About Producer Price Index MoM — Switzerland
DEFINITION
Switzerland's Producer Price Index MoM for June registered at -0.400000%, missing the 0.400000% estimate and reversing May's 0.800000% gain. June's decline marks a contraction following the prior month's expansion. Market focus will remain on upcoming inflation data and the Swiss National Bank's policy stance. Updated 6/15/26
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (May 2026): actual -0.4 %, consensus 0.4 %. Prior reading (Apr 2026): 0.8 %. Before that (Mar 2026): 0.2 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a lower reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection. This indicator correlates most strongly with Euro STOXX 50 (Bearish Euro STOXX 50, r=-0.41) — a useful reference for index-focused traders.