The rate of price growth in the country is higher than the central bank is prepared to tolerate, the regulator says Inflation in Switzerland unexpectedly accelerated in February largely due to soaring airfares, rent and energy costs, figures from the Federal Statistical Office showed on Monday. Consumer prices surged 3.4% last month year-on-year and were higher than the median estimate by Bloomberg, which predicted a slower rate of 3.1%. The February jump reflected rising prices for air transport, package holidays, rents and gasoline, indicating that the country’s central bank will have to tighten its monetary pol
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