by Summary:
In September 2022, Switzerland’s consumer price index (CPI) fell by 0.2% compared with the previous month, according to data from Switzerland’s Federal Statistical Office (FSO). Photo by Erik Mclean on Pexels.com The 0.2% month-on-month fall was due to falling prices for fuels, heating oil, hotels and related accommodation. Falls in the prices of these items were offset by higher clothing and footwear prices. Monthly deflation left the year-on-year inflation rate at 3.3% compared to a peak of 3.5% in August 2022. Since the end of December 2020, prices have risen by 4.6%, an annualised rate of 2.6%, not far above the central bank’s target rate of inflation of 2%. Over the 5 years from September 2017 Switzerland’s annual inflation has averaged 0.9%, well
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Investec considers the following as important: 3) Swiss Markets and News, 3.) Personal Finance, Business & Economy, Business & Economy, Editor's Choice, Featured, newsletter, Personal finance
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In September 2022, Switzerland’s consumer price index (CPI) fell by 0.2% compared with the previous month, according to data from Switzerland’s Federal Statistical Office (FSO).
In September 2022, Switzerland’s consumer price index (CPI) fell by 0.2% compared with the previous month, according to data from Switzerland’s Federal Statistical Office (FSO). Photo by Erik Mclean on Pexels.com The 0.2% month-on-month fall was due to falling prices for fuels, heating oil, hotels and related accommodation. Falls in the prices of these items were offset by higher clothing and footwear prices. Monthly deflation left the year-on-year inflation rate at 3.3% compared to a peak of 3.5% in August 2022. Since the end of December 2020, prices have risen by 4.6%, an annualised rate of 2.6%, not far above the central bank’s target rate of inflation of 2%. Over the 5 years from September 2017 Switzerland’s annual inflation has averaged 0.9%, well
Topics:
Investec considers the following as important: 3) Swiss Markets and News, 3.) Personal Finance, Business & Economy, Business & Economy, Editor's Choice, Featured, newsletter, Personal finance
This could be interesting, too:
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Tags: Business & Economy,Editor's Choice,Featured,newsletter,Personal finance