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    05.11.2015 10:26 Switzerland’s consumer price inflation rises 0.1% in October

    The Swiss Federal Statistics Office released its consumer inflation data on Thursday. Switzerland's consumer price index rose 0.1% in October, beating expectations for a flat reading, after a 0.1% increase in September.

     

    The increase was driven by higher prices for clothing and new cars. Prices for clothing and shoes rose 5.5% in October.

     

    On a yearly basis, Switzerland's consumer price index remained unchanged at -1.4% in October, in line with forecasts. It was the biggest fall since July 1959.


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