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The Federal Statistical Office released its producer and import prices data on Thursday. Switzerland's producer and import prices climbed 0.2% in March, exceeding expectations for a 0.1% increase, after a 1.4% drop in February. That was the first increase in ten months.
On a yearly basis, producer and import prices decreased 3.4% in March, after a 3.6% drop in February.
The increase was driven by higher prices for petroleum and petroleum products.
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