Swiss inflation reached a 4-month high of 1.4% in April, surpassing economists' predictions of 1.1%.
Swiss inflation surged to a four-month high of 1.4% in April, exceeding economists' predictions of 1.1%. This may prompt officials to reconsider interest rate cuts. The rise in prices was driven by higher costs for package holidays, air transport, furniture, and petrol. This marks the 11th consecutive month that the inflation rate has remained within the Swiss National Bank's target range of 0-2%.
May 02, 2024
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