The Swiss Federal Statistics Office released its consumer inflation data on Monday. Switzerland’s consumer price index rose 0.3% in April, exceeding expectations for a 0.1% gain, after a 0.3% increase in March.
The increase was mainly driven by higher prices for petroleum products, and clothing and footwear.
On a yearly basis, Switzerland’s consumer price index increased to -0.4% in April from -0.9% in March, beating forecasts of a rise to -0.6%.
The post Switzerland’s consumer price inflation rises 0.3% in April appeared first on forex-analytics.press.