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Economy And The Numbers

Swiss Consumer Price Inflation Exceeds Expectations

By Renju Jaya   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

After showing signs of slowdown, Switzerland's consumer price inflation accelerated again at the start of the year, largely reflecting higher food and energy prices, figures from the Federal Statistical Office showed on Monday.

Consumer prices rose 3.3 percent on a yearly basis in January after the 2.8 percent increase in December. The rate also far exceeded economists' forecast of 2.9 percent. This was the highest since August 2022.

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