Wednesday , May 15 2024
Home / le News / Some Swiss train fares to fall in June

Some Swiss train fares to fall in June

Summary:
This week, ch-direct, an association of public transport providers that sets ticket prices, announced there would be no ticket price rises in 2019. Instead the prices of some tickets will fall slightly on 1 June 2018. © Sergiomonti | Dreamstime.com The price small cuts on standard fares in June relate to the shift from 8.0% to 7.7% VAT at the beginning of the year. Inflation this year is forecast at 0.6%, which means stable prices could deliver a small real inflation-adjusted saving to public transport users. In addition to setting prices, ch-direct works out how to share the revenue from GA and daily travelcards among its members. Its members include Swiss Rail and urban transport entities. More on this:ch-direct press release (in French) – Take a 5 minute French test now For more stories

Topics:
Investec considers the following as important: , , , ,

This could be interesting, too:

Investec writes Swiss unemployment falls in April

Investec writes Bumper season for Swiss mountain lift companies

Investec writes Migration between Swiss cantons – gainers and losers

Investec writes Commission wants to postpone pension hike funding question

This week, ch-direct, an association of public transport providers that sets ticket prices, announced there would be no ticket price rises in 2019. Instead the prices of some tickets will fall slightly on 1 June 2018.

© Sergiomonti | Dreamstime.com

The price small cuts on standard fares in June relate to the shift from 8.0% to 7.7% VAT at the beginning of the year.

Inflation this year is forecast at 0.6%, which means stable prices could deliver a small real inflation-adjusted saving to public transport users.

In addition to setting prices, ch-direct works out how to share the revenue from GA and daily travelcards among its members. Its members include Swiss Rail and urban transport entities.

More on this:
ch-direct press release (in French) – Take a 5 minute French test now

Facebook and Twitter.

About Investec
Investec
Investec is a distinctive Specialist Bank and Asset Manager. We provide a diverse range of financial products and services to our niche client base.

Leave a Reply

Your email address will not be published. Required fields are marked *