Switzerland: Consumer prices drop again in January
February 11, 2016
In January, consumer prices decreased 0.4% over the previous month, which matched the previous month’s reading, thus remaining at a five-month low. January’s result came mainly on the back of lower prices for food and non-alcoholic beverages.
In annual terms, consumer prices fell 1.3% in December, which also matched January’s decrease. Inflation is still well below the Central Bank’s target of 2.0%.
Author: Dirina Mançellari, Senior Economist