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    08.06.2016 09:33 Switzerland’s consumer price inflation rises 0.1% in May

    08.06.2016 09:33

    Switzerland’s consumer price inflation rises 0.1% in May

     

    The Swiss Federal Statistics Office released its consumer inflation data on Wednesday. Switzerland's consumer price index rose 0.1% in May, missing expectations for a 0.2% gain, after a 0.3% increase in April.

     

     

    The increase was mainly driven by higher prices for petroleum products, food and rents.

     

     

    On a yearly basis, Switzerland's consumer price index remained unchanged at -0.4% in May, in line with forecasts.

     

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