Inflation & Prices
Swiss Inflation Quickens Again in Kickoff to Winter Rebound
- Headline gauge hits 1.7%, core reading slows to 1.3%
- Turnaround could see consumer-price growth cross 2% ceiling
Swiss consumer prices rose 1.7% from a year earlier.
Photographer: Pascal Mora/BloombergThis article is for subscribers only.
Swiss inflation accelerated in September, marking a turnaround and likely introducing an expected rebound set to last into 2024.
Consumer prices rose 1.7% from a year earlier, up from 1.6% the previous month, Switzerland’s statistics agency said on Tuesday. The increase isn’t as pronounced as predicted in a Bloomberg survey, which had seen a median estimate of 1.8%.