Swiss Price Pressures Have Barely Changed, SNB’s Schlegel Says

Switzerland’s inflation situation is basically unchanged from last year, according to Swiss National Bank President Martin Schlegel.

The central-bank chief reiterated that consumer prices will increase 0.3% this year, after 0.2% in 2025, according to a presentation published Thursday on the SNB’s website. That prompted policymakers to leave interest rates unchanged in December, Schlegel said.