Swiss Consumer prices remained stable in May

The consumer price index (CPI) remained stable in May 2020 compared with the previous month, remaining at 101.3 points (December 2015 = 100). Inflation was –1.3 % compared with the same month of the previous year. These are the results of the Federal Statistical Office (FSO).

The stability of the index compared with the previous month is the result of opposing trends that counterbalanced each other overall. Prices for housing rental, international package holidays and those for stone fruits increased. In contrast, prices for fuel and hotel accommodation decreased.

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