Switzerland's consumer price inflation held steady at the start of the year as expected, the Federal Statistical Office reported Friday.
The consumer price index rose 0.1 percent on a yearly basis in January, the same as in the previous month.
Prices for housing and energy grew 0.8 percent from last year, and education costs were 2.6 percent more expensive. Meanwhile, prices for food and non-alcoholic beverages dropped 0.4 percent, and transport charges declined 2.0 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.