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Swiss Inflation Rate Unexpectedly Rises in Relief for SNB
11 Articles
11 Articles
Prices rose slightly, among other things, in the hotel industry and for package tours abroad – as well as for vegetables.
Swiss inflation turns positive again
Inflation in Switzerland edged back into positive territory in June. Consumer prices rose by 0.1% year on year, according to the Federal Statistical Office (FSO), reversing deflation of –0.1% recorded in May—the country’s first negative reading in over four years. Price growth in Switzerland has remained subdued for months. Since September 2024, inflation has stayed […]
Inflation data do not give any reason for further interest-rate reductions. Domestic inflation speaks against it. Therefore, we expect constant interest rates for the September meeting of the Swiss National Bank (SNB).
Consumer prices went up again, after having made a brief incursion into negative territory the previous month. The acceleration of tariffs for local products compensated for the sharp fall in costs for imported commoditiesIn June, inflation increased by 0.1% over one year and by 0.2% compared to the previous month, announced Thursday the Federal Statistical Office (OFS) in a press release. These data are in the upper range of forecasts. The econ…
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