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.