Switzerland: Consumer prices decrease in February
March 10, 2016
In February, consumer prices increased 0.2% over the previous month, which contrasted the previous month’s 0.4% decrease and marked the fastest rise in nine months. February’s result came mainly on the back of higher prices for food and non-alcoholic beverages.
In annual terms, consumer prices fell 0.8% in February, which was above January’s 1.3% decrease. Inflation is still well below the Central Bank’s target of 2.0%.
Author: Dirina Mançellari, Senior Economist