Switzerland's consumer prices increased at a steady rate in August, the Federal Statistical Office reported Thursday.
Separate official data showed that the unemployment rate increased for the first time in seven months in August, though marginally.
The consumer price index rose 0.2 percent annually in August, the same as in July. That was in line with expectations.
Prices for clothing and footwear grew 2.3 percent annually in August, and expenses for housing and energy were 0.6 percent higher. Meanwhile, costs for food and non-alcoholic beverages dropped 0.5 percent, and transport charges were 2.4 percent cheaper.
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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.