Swiss inflation up to 3.4% in February - Breaking The News

Swiss inflation up to 3.4% in February

6 March

1 min read

EPA-EFE/SALVATORE DI NOLFI

Switzerland's annual inflation rate stood at 3.4% in February, the country's Federal Statistical Office said in a report on Monday. The figure marks a slight increase from the previous month's rate of 3.3%.

On a monthly basis, the consumer price index (CPI) climbed by 0.7% to 105.8 points. The report noted that the monthly rise came as a result of rising prices for air transport, package holidays and supplementary accommodation, as well as housing rentals and petrol. The increase was somewhat offset by declining prices for heating oil, new cars and berries.

The Swiss Harmonized Index of Consumer Prices (HICP) jumped 3.2% in February year on year and was up 0.5% month on month.

data cpi

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