Loading page content
Data from FMP. Forecasts by Sigmanomics Forecast Engine.
SwitzerlandSwitzerland Producer Price Index MoM climbed to -0.3% in June 2026
FMPMonthlyReleased July 2026
Switzerland Producer Price Index MoM climbed to -0.3% in June 2026, released July 2026, up 0.1% from May's -0.4% reading. The print exceeded the -0.5% consensus by 0.2%. The print is running well below the 12-month average of -0.18%. Over the past 3 months, Producer Price Index MoM averaged 0.2%, vs -0.22% in the prior 3-month window. The reading is in the 29th percentile of the trailing 24-month range.
Latest Release
-0.3
Actual
-0.5
Consensus
-0.4
Previous
Median Absolute Error
±0.21 percentage points
across last 12 releases
Last Call
Jul 2026
Predicted: -0.6
Actual: -0.3
Error: -0.3
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| Euro STOXX 50 | ▼ Inverse | −0.51 | INDEX | Moves against | → View |
| DAX | ▼ Inverse | −0.44 | INDEX | Moves against | → View |
| EUR/CHF | ▼ Inverse | −0.41 | FOREX | Moves against | → View |
| XAU/USD | ▼ Inverse | −0.38 | COMMODITIES | Moves against | → View |
| EUR/USD | ▼ Inverse | −0.28 | FOREX | Moves against | → 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 -0.3% in July 2026. This beat the market consensus of -0.5% by 0.2%. The reading rose from the previous value of -0.4%. Trailing 12-month context per ETL data through July 2026. Over the past 12 months, the indicator has averaged -0.22%, 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 -0.23%. Volatility over the past year (σ 0.35%) is higher than the prior year (σ 0.25%).
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with Euro STOXX 50 (Bearish Euro STOXX 50). A secondary relationship exists with DAX, negatively correlated (Bearish DAX). Over the last 12 releases, the Sigmacast model's median absolute error is 0.21%.
WHAT TO WATCH NEXT
The next release is scheduled for August 13, 2026. Same-country events in the next 14 days include CPI MoM (Aug 3) and Inflation Rate YoY (Aug 3).
Auto-generated from current model state · Refreshes on each release · Last update July 2026.
SHARE
Producer Price Index MoM - CH
Loading chart data...
About Producer Price Index MoM — Switzerland
DEFINITION
Switzerland's Producer Price Index MoM for June came in at -0.30%, beating the -0.50% estimate and improving from May's -0.40%. The index showed a smaller monthly decline, indicating a moderation in producer price deflation from May to June. Market participants will watch upcoming inflation data for further signals on the Swiss National Bank's policy stance. Updated 7/14/26
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 (Jun 2026): actual -0.3 %, consensus -0.5 %. Prior reading (May 2026): -0.4 %. Before that (Apr 2026): 0.8 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a materially lower reading versus the latest print, with the 3-month outlook diverging from that direction. The 1-month and 3-month horizons disagree, suggesting a mixed 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=-0.51) — a useful reference for index-focused traders.
Σ
EXPECTED ZONE
SIGMANOMICS MARKET FORECAST ENGINE
Multi-horizon symbol forecasts, Rolling-Surprise economic predictions, and programmatic API access.
Expected Zones · Trade Bias · Confidence Intervals · API Access · 1,456+ instruments
FOREXCRYPTOSTOCKSCOMMODITIESINDICESAPI
BLSBEAFMPWORLD BANKFRED
1,456+ instruments247 indicators530+ correlationsREST + GQL API
4,151 economic indicators127 countries covered6 data sources
FREDBLSEIAECBBOJFMP
Economic Calendar - CH Events
| Thursday, July 30, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 07:00 | CH | KOF Leading Indicators | 103.5 | 102.1 | 101 | 102.25 | Medium |
| Friday, July 31, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 06:30 | CH | Retail Sales MoM | 0.2 | 0.9 | 1 | 0.75 | Low |
| 06:30 | CH | Retail Sales YoY | 1.5 | 3.4 | 3.2 | 2.65 | Medium |