Swiss inflation flat in August, as expected

Market news

4 September 2018

Swiss inflation flat in August, as expected

The consumer price index (CPI) remained stable in August 2018 compared with the previous month, remaining at 101.8 points (December 2015 = 100). Inflation was 1.2% compared with the same month of the previous year. These are the results from the Federal Statistical Office (FSO).

The stability of the index compared with the previous month is the result of opposing trends that counterbalanced each other overall. Airfares and prices for international package holidays decreased. In contrast, prices for clothing, footwear and housing rental increased.

Spanish unemployment has increased in August more than expected

RBA predicts a gradual decline in unemployment and an increase in inflation

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