Soaring energy costs drive Swiss inflation higher – data ...News

Economy by : (Russia Today) -
Electricity providers increased prices at the beginning of the year, passing on an additional burden to households Consumer price inflation accelerated again in Switzerland at the start of the year, largely reflecting higher food and energy prices, figures from the Federal Statistical Office showed on Monday.   Inflation rose 3.3% year-on-year in January, driven by surging gas and electricity prices. The rate exceeded economists’ forecasts of 2.9% and was the highest since August 2022. On a monthly basis, consumer prices gained 0.6% in contrast to the 0.2% drop in the previous month.    The annual increase in infl

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