Swiss inflation in June hits 29-year high of 3.4% – Reuters.com
- Date: 04-Jul-2022
- Source: Reuters
- Sector:Financial Services
- Country:Jordan
Swiss inflation in June hits 29-year high of 3.4% – Reuters.com
ZURICH, July 4 (Reuters) - Swiss consumer prices rose 3.4% in June, more than economists had expected and the first time inflation in Switzerland has topped 3% since July 2008.
The reading was the fifth month in a row that prices have risen above the central bank's target for price stability.
Prices rose 0.5% versus May as fuel, heating oil and vegetables became more expensive. Prices for red wines and salads decreased.
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