BRUSSELS (dpa-AFX) - Switzerland's producer and import prices continued to decline at the end of the year, data from the Federal Statistical Office showed on Tuesday.
Producer and import prices dropped 0.2 percent month-on-month in November, following a 0.5 percent decline in November. Meanwhile, prices were expected to increase by 0.2 percent.
The producer price index dropped 0.1 percent monthly in December, and import prices registered a decrease of 0.5 percent.
Price declines were particularly noticeable for petroleum products and dairy products, the agency said.
On a yearly basis, producer and import prices fell 1.8 percent in December, after a 1.6 percent decrease in November.
The average annual inflation rate for 2025 was -1.0 percent, primarily attributable to lower prices for pharmaceutical products.
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