Swiss inflation stays steady in face of US tariffs

Swiss inflation stayed positive for a third consecutive month, offering reassurance to policymakers as they also evaluate if the economy can weather a jump in United States tariffs. +Get the most important news from Switzerland in your inbox Consumer prices rose 0.2% from a year ago in August, matching the increase of the previous month, the country’s statistics office said on Thursday. Most economists in a Bloomberg survey had anticipated inflation to stay at that level or accelerate. The report marks the final glimpse of price data before the Swiss National Bank’s quarterly decision later this month. Signs of some inflation may lessen pressure on officials to cut interest rates again at a time when the economy is threatened by President Donald Trump’s disproportionately high US tariffs of 39%. + Swiss central bank lowers key interest rate to 0% The reading is strong enough to raise the prospect that price growth in the third quarter may end up exceeding the 0.1% average predicted ... Full story here Are you the author? Previous post See more for 3.) Swissinfo Business and Economy Next post
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