Swiss Consumer prices increased by 0.1 % in February 2020

The consumer price index (CPI) increased by 0.1 % in February 2020 compared with the previous month, reaching 101.6 points (December 2015 = 100). Inflation was –0.1 % compared with the same month of the previous year. These are the results of the Federal Statistical Office (FSO).

The 0.1 % increase compared with the previous month can be explained by several factors including rising prices for air transport. International package holidays also recorded an increase, as did clothing and footwear due to the end of the seasonal sales. In contrast, prices for heating oil and hotel accommodation decreased.

www.admin.ch