Switzerland: Inflation inches up in July
August 7, 2017
In July, consumer prices fell 0.3% from the previous month, following a 0.1% drop in June. Notably lower prices for clothing and footwear, along with semi-durable goods led the decline.
Inflation inched up to 0.3% in July from 0.2% in June, in line with market expectations. As a result, the annual average variation in inflation also rose, inching up to 0.2% in July from 0.1% in the previous month.
Author: Nihad Ahmed, Economist