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Producer prices in industry

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National Reference Metadata in Euro SDMX Metadata Structure (ESMS)

Compiling agency: Swiss Federal Statistical Office (FSO)

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Producer Price Index / Produzentenpreisindex / Indice des prix à la production

The main purposes of the producer and import price index are:

as an indicator of the economic cycle,

as a deflator (National Accounts etc.),

to index contracts.

8 April 2025

List and definition of variables: Actual prices (transaction prices) ex-works are collected. They exclude VAT, excise duties and discounts/rebates. The prices are recorded at the time the order is placed.
The selection of products is done by the reporting units. In particular, the criteria for selecting products includes the level of turnover, market presence of the products during at least two reporting periods, constant quality and sale conditions of the products for a given time.

Planned changes in information collected: None.

Accounting conventions: The time span covered by data corresponds to the reference month. Respondents are asked to provide a price falling within the period from the 1st to the 8th of the month.

Reporting unit: Enterprises, associations and major purchasers (including traders).

Observation unit(s): Enterprise.

The frame for identifying units for the population is the business and enterprise register. For the Producer Price Index the population consists of about 130'000 businesses.

Switzerland

Month

As the Producer Price Index is based on target sampling and not random sampling this question cannot be answered.

Indices

Estimates for non-response: Non-response is negligible. If no price can be obtained in most cases the last known price is carried forward. For significant products an estimation is made by using the price development of similar products or of the aggregate of the commodity group.

Estimates for grossing-up to population levels: There is no grossing-up.

Type of index: Direct Young price index. Small quality changes are not taken into account, while prices are adjusted for substantial quality change, wherever quality difference can be quantified; otherwise products are considered as totally new and linked into the index. When a product becomes unavailable it is replaced by another with similar quality characteristics and sale conditions if possible. New products are regularly selected by the reporting units and linked into the index.

Method of weighting and chaining: For the Producer Price Index the sources of weights are the gross production value or, if not available, the turnover as well as the foreign trade statistics. The reference period for the current index weights is 2017/18.

Planned changes in production methods: None.

Type of source: Apart from a statistical survey, a small amount of data is gathered from other sources.

Frame on which the source is based: Register of Enterprises and Establishments (REE)

Sample or census: Collection of data is carried out through a sample.

Criteria for stratification: The stratification is mainly based on relative significance (turnover) and representativeness of the enterprises. But also medium-sized and smaller enterprises should be included in the survey each time. In this case, it is assumed that their prices represent the trend among other medium-sized and small enterprises.

Threshold values and percentages: Approximately 12,000 price quotations of producer prices from 1,800 reporting units are collected.

Frequency of updating the sample: The sample is updated regularly.

Monthly

Publication date is usually not later than 16 days after the end of the reference month (M+1). The publication schedule is fixed for a calendar year and the data are final when first released and are not subject to revision.

Questionnaires are sent out around the 25th of the previous month (M-1). The delay for replies after reception represents about 15 days and data collection closes towards the end of the reference month (M).

The same statistical concepts are applied in the entire national territory and no regional breakdown is done.

The only major break happened in 1993 (completely new methodology, nomenclature and extent). Minor breaks occur at every revision of the index (1939, 1963, 1993, 2003, 2010, 2015, 2020).