Swiss Inflation to Rise 0.2% in 2013, Statistics Office Says

Swiss consumer prices are expected to rise less than previously forecast next year, according to the statistics office.

Inflation is seen rising 0.2 in 2013, down from a September prediction of 0.5 percent, the Federal Statistics Office in Neuchatel, Switzerland, said today on its website. Annual consumer prices are expected to fall 0.7 percent this year, compared to a previous forecast of a 0.5 percent decline, it said.

For 2014 inflation is expected to rise 0.2 percent, the statistics office said in its first forecast for that year.

To contact the reporter on this story: Zoe Schneeweiss in Zurich at zschneeweiss@bloomberg.net

To contact the editor responsible for this story: Leigh Baldwin at lbaldwin3@bloomberg.net

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