Financial News: Swiss Inflation Eases Slightly To 0.6%

Swiss Inflation Eases Slightly To 0.6%

01/07/2025 - 03:57:00 (RTTNews)

(RTTNews) - Switzerland's consumer price inflation slowed marginally at the end of the year, the Federal Statistical Office reported Tuesday.

The consumer price index rose 0.6 percent on a yearly basis in December, as expected, following a 0.7 percent rise in the previous month.

Prices for housing and energy grew 3.4 percent annually, and those for recreation and culture climbed by 1.1 percent.

On the other hand, costs for food and non-alcoholic beverages decreased 0.9 percent from last year, and transport charges were 1.9 percent cheaper.

The average annual inflation amounted to 1.1 percent in 2024, the agency said.

On a monthly basis, consumer prices dropped at a stable rate of 0.1 percent in December, in line with expectations. This was the fourth successive fall in a row.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Ireland Property Price Inflation Slows For Third Month (02 hr(s), 20 min(s), 10 sec(s) ago)
(RTTNews) - Residential property price inflation in Ireland eased for the third month in a row in ...Full Story»

Poland Industrial Output Recovers; PPI Falls At Slower Pace (03 hr(s), 41 min(s), 10 sec(s) ago)
(RTTNews) - Poland's industrial production recovered in December on a rebound in mining and qu ...Full Story»

Iceland Jobless Rate Surges To 3.9% In December (03 hr(s), 52 min(s), 10 sec(s) ago)
(RTTNews) - Unemployment rate in Iceland climbed sharply to a three-month high in December after e ...Full Story»

UK Budget Deficit Surges On Interest Payments (04 hr(s), 15 min(s), 10 sec(s) ago)
(RTTNews) - The UK budget deficit more than doubled in December largely due to interest payments, ...Full Story»

Malaysia Central Bank Holds Key Interest Rate Steady At 3% (04 hr(s), 31 min(s), 10 sec(s) ago)
(RTTNews) - Malaysia's central bank left its benchmark interest rate unchanged on Wednesday as ...Full Story»

South Africa Inflation Climbs For Second Month, Retail Sales Growth Improves (04 hr(s), 38 min(s), 10 sec(s) ago)
(RTTNews) - South Africa's consumer price inflation accelerated for a second straight month in ...Full Story»

UK Budget Deficit Widens In December (09 hr(s), 31 min(s), 10 sec(s) ago)
(RTTNews) - The UK budget deficit more than doubled in December from the last year as increases in ...Full Story»

South Korea Consumer Confidence Improves In January (10 hr(s), 24 min(s), 10 sec(s) ago)
(RTTNews) - South Korea's consumer sentiment increased for the first time in three months in J ...Full Story»