Inflation & Prices

Swiss Inflation Barely Above Zero Again Keeps Pressure on SNB

The Zurich HB rail station beyond a busy retail street in Zurich.

Photographer: Pascal Mora/Bloomberg

Switzerland had only a minimum of inflation in February for a third month, highlighting the challenge for the central bank as it tries to avoid reintroducing negative interest rates.

Consumer prices rose 0.1% from a year earlier, matching the readings in December and January, the country’s statistics office said on Wednesday. That’s slightly better than the median forecast of zero in a Bloomberg survey of economists.