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Swiss August inflation rises to 0.8% as energy costs climb

Swiss inflation jumped in August as renewed Middle East tensions lifted global energy costs. The annual inflation rate was 0.8% versus 0.4% in July, the Swiss data agency FSO said.

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By Don Nico ForbesSwiss inflation jumped in August, reversing several months of cooling price growth as renewed tensions in the Middle East pushed global energy costs higher.The annual rate of inflation was 0.8%, compared with 0.4% in July, Swiss data agency FSO said Thursday.

This marks the highes…