Swiss inflation rises in August as energy costs climb
Swiss annual inflation jumped to 0.8% in August from 0.4% in July, reversing prior cooling, as Middle East tensions lifted global energy costs, FSO said.
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…