Swiss Consumer prices increased by 0.3 % in May

The consumer price index (CPI) increased by 0.3 % in May 2019 compared with the previous month, reaching 102.7 points (December 2015 = 100). Inflation was 0.6% compared with the same month of the previous year. These are the results of the Federal Statistical Office (FSO).

The 0.3 % increase compared with the previous month can be explained by several factors, including rising prices for fuel and for international package holidays. In contrast, prices for hotel accommodation and books decreased.