Inflation continues to hit Swiss consumers, with the price of some food staples, such as margarine and cooking oils, rising by 20% in March on an annual basis.
This content was published on
1 minute
swissinfo.ch/mga
Italiano
it
I prodotti alimentari svizzeri sono più cari del 20% rispetto allo scorso anno
The price of sugar increased 17%, butter 12.2% and milk, cheese and eggs by 8.5% in March compared to the same month last year, according to research from price comparison portal Comparis.
The latest official figures from the Federal Statistical Office revealed an inflation rate of 3.4% for a wider range of items in February year-on-year.
“Just two years ago, the vast majority of economists believed that inflation would quickly fall again,” Aymo Brunetti, former head of economic policy for the Swiss government told SWI swissinfo.ch last month. “Probably many economists thought that inflation was a phenomenon of the past.”
However, the cost of some items has started to cool off, and even fell in March compared to 2022.
Fuel prices fell by 7.4%, health services cost 3.6% less and telecommunication bills dropped by 3.4%, says Comparis.
Looking at the full range of food, fuel and service costs analysed by the price comparison portal, Swiss consumers paid 3.5% more in March than the same month last year.
Switzerland could produce up to 5Mt of emissions annually by 2050
This content was published on
Two to five megatonnes of CO2 equivalents per year: this is the amount of greenhouse gas emissions that Switzerland is still expected to produce annually in 2050, a new study shows.
US tariffs putting 100,000 jobs at risk in Switzerland
This content was published on
US tariffs of 39% on Swiss imports will directly affect 100,000 jobs, mainly in the watchmaking, machinery, metals, and food industries, economiesuisse warns.
This content was published on
Switzerland has released CHF4 million (nearly $5 million) to help Sudan, which has been severely affected by famine and cholera.
Switzerland rejects new Israeli settlements in Palestinian territory
This content was published on
Switzerland says it rejects the announced construction of thousands of housing units in the Israeli-occupied Palestinian West Bank.
Larry Finck and André Hoffmann named interim co-chairs of WEF board
This content was published on
The WEF also revealed an investigation commissioned by the board has cleared its founder Klaus Schwab and his wife of accusations made by anonymous whistleblowers.
Vice-president of German parliament in favour of Switzerland joining EU
This content was published on
The vice-president of the Bundestag says his country should support closer ties between Switzerland and the European Union given the customs conflict with the United States.
Lindt & Sprüngli reportedly considering shifting Easter bunny production to US
This content was published on
Swiss chocolate manufacturer Lindt & Sprüngli could relocate the production of its gold-wrapped Easter bunnies to the US in order to circumvent the import tariffs imposed by the Trump administration.
Swiss petition launched against curbing 30km/h speed limit
This content was published on
The Traffic Club of Switzerland (TCS) has submitted a petition to the Federal Chancellery, challenging the 30km/h speed limit on local roads.
Inflation and interest rates: how Switzerland is different
This content was published on
It will be a while before inflation drops again, according to Nannette Hechler-Fayd’herbe, head of investments at Credit Suisse.
Swiss central bank hikes interest rate despite banking turmoil
This content was published on
The Swiss National Bank (SNB) raised the benchmark interest rate on Thursday by to 1.5% in a move to curb inflationary pressure.
You can find an overview of ongoing debates with our journalists here . Please join us!
If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.