FXstreet.com (Barcelona) - Producer and import prices have posted a slightly larger than expected increase in November in Switzerland fuelled by increasing prices of oil and its derivates, according to the Federal Statistics Office.

In November, producer and import prices have grown 0.3% on the month, reaching 108.6 points (the level reached 100 in May 2003). On the year, producer and import prices increased 3.0%.

Both, home made as well as foreign products have posted increases on their prices; producer prices increased 0.2% on the month and 2.7% from November 2006, ; while import prices went 0.4% up from October, and 3.7% up on the year.