Consumer prices picked up again in June in Switzerland, after briefly dipping into negative territory the previous month. +Get the most important news from Switzerland in your inbox In June, inflation rose by 0.1% year-on-year and by 0.2% compared with the previous month, announced the Federal Statistical Office (FSO) in a press release on Thursday. + How the strong franc spared Switzterland excessive inflation These figures are at the upper end of the forecast range. Economists surveyed by AWP were forecasting inflation of between -0.1% and +0.1% year-on-year, and between 0.0% and +0.2% month-on-month. While prices of local products rose by 0.7% compared with June 2024, those of imported products fell by 1.9%. This decline is explained by the fall in oil prices and the appreciation of the franc, particularly against the dollar, which makes imported goods less expensive. + Switzerland navigates own course through inflation maze Among product categories, the biggest falls were seen ...
