empty
 
 

2020.03.0407:06:00UTC+00Swiss Consumer Prices Fall For First Time In 3 Months

Swiss consumer prices declined for the first time in three months in February, the Federal Statistical Office reported Wednesday.

Consumer prices dropped 0.1 percent on a yearly basis, after rising 0.2 percent each in December and January. Economists had forecast inflation to slow to 0.1 percent.

Month-on-month, consumer prices edged up 0.1 percent driven by rising prices for air transport and international package holidays. Prices were expected to rise 0.2 percent after falling 0.2 percent in January.

The Swiss National Bank forecast inflation to slow to 0.1 percent in 2020 before rising to 0.5 percent in 2021.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $9000 more!
    In May we raffle $9000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback