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Swiss inflation rose to 0.1% in December 2025, its first increase in five months, driven by higher domestic prices.
Swiss inflation rose slightly to 0.1% in December 2025 from 0.0% in November, marking the first increase in five months, according to official data.
The rise, driven by higher domestic prices, eased pressure on the Swiss National Bank (SNB) to cut interest rates below zero, which it has avoided despite economic weakness.
The SNB held its key rate at 0% for a second consecutive meeting, citing risks to savers, banks, and pension funds.
Core inflation remained steady at 0.5%, and the SNB expects annual inflation to average 0.3% in 2026 and 0.6% in 2027, within its target range.
While imported goods prices fell further, domestic prices rose, and the strong Swiss franc continues to challenge exporters.
La inflación suiza subió al 0,1% en diciembre de 2025, su primer aumento en cinco meses, impulsada por precios internos más altos.