Swiss Consumer Prices fell 0.4 % in April 2020

The consumer price index (CPI) fell by 0.4% in April 2020 compared with the previous month, reach- ing 101.3 points (December 2015 = 100). Inflation was –1.1% compared with the same month of the previous year. These are the results of the Federal Statistical Office (FSO).

The 0.4% decrease compared with the previous month can be explained by several factors including falling prices for air transport. Hotel accommodation also recorded a price decrease, as did petroleum products. In contrast, prices for vegetables and clothing increased.