Switzerland's consumer prices rebounded unexpectedly in June after decreasing for the first time in more than four years in May, the Federal Statistical Office reported Thursday.
The consumer price index rose 0.1 percent annually in June, reversing a 0.1 percent decrease in May. Meanwhile, economists had expected a stable decrease of 0.1 percent.
Prices for housing and energy grew 1.1 percent annually in June, and clothing and footwear prices were 1.0 percent higher compared to last year. Meanwhile, transport costs dropped 3.7 percent.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.