In Switzerland, the Producer Price Index (PPI) is officially named “Producer and Import Price Index”. Producer price index measures the price development of goods that are produced and sold by enterprises operating within the country and the import price index measures the price development of imported goods. Only domestic sales are considered for the producer price index when combining the indices.
A higher than expected figure should be seen as positive (bullish) for the CHF while a lower than expected figure should be seen as negative (bearish) for the CHF.