Swiss Inflation Rate Accelerates in August
The annual inflation rate in Switzerland accelerated to 0.1 percent in August of 2014 from 0.0 percent in the previous month. Consumer prices were flat on a monthly basis, as cost of most goods and services were up except for alcoholic beverages and tobacco, communication, health and clothing and footwear.
Year-on-year, upward pressures were registered for education prices (2.0 percent), food (1.4 percent), restaurants and hotels (0.7 percent), recreation and culture (0.6 percent) and alcoholic drinks and tobacco (0.6 percent). In contrast, communication cost fell 2.9 percent, health prices dropped 1.2 percent and transport cost declined 1 percent.
9/8/2014 11:26:43 AM
Switzerland Consumer Prices Flat in July
The annual inflation rate in Switzerland remained unchanged at 0.0 percent in July of 2014, the same rate as the previous month. A drop in clothing and house equipment cost was enough to offset higher prices of alcoholic beverages, tobacco and energy.
Published on 2014-08-06
Switzerland Inflation Rate Flat in June
Swiss inflation rate slowed to 0.0 percent in June from 0.2 percent in May, as first sales that took place in the outfit sector led to a fall in prices of clothing and footwear.
Published on 2014-07-08
On a monthly basis, consumer prices were unchanged from the previous month. Price pressures were seen for cost of rents (+0.6 percent), housing and energy (+0.4 percent), restaurant and hotels (+0.2 percent) and other goods and services (+0.2 percent). Prices were lower for alcoholic beverages and tobacco (-0.5 percent), recreation and culture (-0.5 percent), health care (-0.4 percent) and traffic (-0.4 percent).