• Swiss CPI flat in January

Market news

14 February 2017

Swiss CPI flat in January

The country's consumer price index remained unchanged at 100.0 points in January 2017 compared to the previous month (December 2015 = 100 points). Compared to the previous year, the rate of inflation was 0.3 percent. This is evident from the figures of the Federal Statistical Office (FSO).

The stable monthly result for January 2017 contains opposing tendencies, which are balanced out altogether. Lower prices were observed in January for clothing and shoes, mainly due to the sale. Air travel was also more favorable, while the prices for the hotel industry, fuel and heating oil rose.

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.