- Swiss consumer prices rose 0.8% year over year in August, up from 0.4% in July, according to Switzerland’s statistics office.
- The result was the fastest Swiss inflation rate since September 2024 and exceeded all 16 forecasts in a Bloomberg economist survey.
- The acceleration suggests a weaker franc is feeding inflationary pressure into the Swiss economy.
Quotes
“Consumer prices rose 0.8% in August from a year earlier, up from 0.4% in July, Switzerland’s statistics office said on Thursday.”