Price evolution
Inflation returns to Switzerland after a brief decrease
Consumer prices increased by 0.1% in June over a year. The increase in local products has compensated for the significant drop in imports.
In June, inflation increased by 0.1% over a year.
Keystone / Save Nolfi
Consumer prices left from front to June in Switzerland, after having made a brief foray into negative territory the previous month. The acceleration of prices for local products has compensated for the strong decline in costs for imported food.
In June, inflation increased by 0.1% over a year and 0.2% compared to the previous month, the Federal Statistics Office (OFS) announced on Thursday in a communiqué.
These data are at the top of the forecast range. Economists interviewed by the AWP agency provided for an inflation rate between -0.1% and +0.1% over one year and from 0.0% to +0.2% in monthly variation.
While local products prices increased by 0.7% compared to June 2024, those of imported products fell by 1.9%. This decline is explained by the withdrawal of oil prices and the appreciation of the franc, especially against the dollar, which makes food imported less expensive.
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In May, inflation had switched to negative territory, established at -0.1% over a year for the first time since March 2021.
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