Switzerland's consumer price inflation unexpectedly rose to a six-month high in February driven by food and energy prices and raised the scope for the fourth consecutive rate hike this month.
The consumer price index, or CPI, grew 3.4 percent on a yearly basis that was slightly faster than the 3.3 percent increase seen in January, the Federal Statistical Office reported Monday.
For comments and feedback contact: editorial@rttnews.com
Business News
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.