Switzerland's consumer prices stalled unexpectedly in November, the Federal Statistical Office reported Wednesday.
The consumer price index remained flat on a yearly basis in November following a 0.1 percent increase in October. Meanwhile, economists had expected the inflation to stay steady at 0.1 percent.
Prices for food and non-alcoholic beverages were 0.4 percent less expensive compared to last year, and transportation charges dropped by 1.7 percent. On the other hand, housing and energy charges grew 0.5 percent, and education costs were 2.6 percent higher.
For comments and feedback contact: editorial@rttnews.com
Business News
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.