Swiss Inflation Rises to 2-Year-High in November

In November, Switzerland's consumer prices rose 0.1 percent, up from a 0.3 percent fall in October. Higher prices for food, education, housing and energy drove inflation to its highest level since September of 2011.
BFS | Nuno Fontes | nuno@tradingeconomics.com 12/6/2013 8:47:02 AM
The biggest downward pressures on the national index came from clothing and footwear (-4.1 percent) and communications (-2.5 percent). Other price decreases were registered in: transportation (-0.9 percent) and health care (-0.7 percent).

The biggest price rises were registered in education (+2.1 percent), food and non-alcoholic beverages (+1.7 percent), alcoholic beverages and tobacco (+1.6 percent), and housing and energy (+0.9 percent).

Core inflation, which strips out more volatile components like food and beverages, seasonal products, energy and fuel, was 0.1 percent in November. On a monthly basis prices fell 0.1 percent.

Swiss Inflation Rises to 2-Year-High in November