Nevertheless,
Swiss market: prices have remained:
Economic barometer –
Prices remained stable on the Swiss market
The consumer price index stagnated at 107.8 points compared to June, according to the Federal Statistics Office.
While prices have dropped for travel and in clothing, they have however increased in the hotel industry.
KEYSTONE/Gaetan Bally
Consumer prices remained stable in July. Therefore, While the consumer price index (IPC) stagnated at 107.8 points with regard to June, the increase reached 0.2% over a year. Like the previous month. the acceleration of prices for local products has compensated for the more marked decline in costs for imported goods.
The stability of the index compared to the previous month results from opposite trends. which have been compensated, written Monday The Federal Statistics Office (OFS) in a press release.
The underlying inflation, without fresh and seasonal products as well as energy and fuels, contracted by 0.1% over a month and increased by 0.8% in the space of one year.
Price increase in hotels
The data has proven to be in line with expectations. Economists surveyed by the AWP agency had indeed toured on a inflation rate Between 0.0% and 0.1% over a year. However, the monthly variation has proven to be stronger than expected, experts having bet on a value between -0.3% and -0.2%.
While local products prices increased by 0.7% compared to July 2024, those of imported products dropped by 1.4%.
Prices have decreased for international and national package trips, as well as for air transport. Also lowered the prices in clothing and shoes, which fell due to seasonal sales. On the other hand. those in Hotelwork and Parahôtellerie have increased, as are those in the rental of personal vehicles.
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