Switzerland: Inflation eases in May
June 3, 2019
Consumer prices rose 0.3% over the prior month in May, up from the 0.2% rise logged in April. The increase was driven mainly by higher prices for fuel and travel packages abroad. On the other hand, prices for hotels and accommodation dipped over the previous month.
Inflation ticked down to 0.6% in May from 0.7% in April, while annual average inflation was steady at 0.9% for the sixth consecutive month.
Author: Steven Burke, Economist