3 juillet 2025|
AI
|5 months agoSwiss Inflation Makes Surprise Return in June
Consumer prices in Switzerland rose 0.1% year-on-year in June, marking an unexpected rebound after May's negative figures
AI
Generated IllustrationKey Takeaways
AI
- Consumer prices in Switzerland rose by 0.1% year-on-year in June.
- Prices for local products increased by 0.7%, while imported products fell by 1.9%.
- The Swiss National Bank lowered its key rate by 25 basis points to 0% in mid-June.
- Rents rose by 2.6% year-on-year.
- Car hire prices dropped by 19% and air transport by 11.2%.
By The Numbers
0.1%
Year-on-year inflation rate (June)
11.9%
Price increase for onions and leeks
-0.5%
Calculated inflation rate excluding rents
0%
New SNB key interest rate
They Said
"Excluding rents, Swiss inflation will be negative at -0.5% year-on-year, reflecting a situation of deflation in almost all other goods and services."
"Rising rents are preventing the CPI from plunging, making housing costs the main source of inflation in Switzerland."
1
Inflation Snaps Back to Reality
2
The Strong Franc Shield
3
Rents and Food Squeeze Wallets
4
The Hidden Deflationary Truth
5