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Swiss Inflation Reaches Highest Since 2023 at 1.5% in October

Swiss annual inflation rose to 1.5% in October from 1.0% previously, its highest level in almost three years. The report attributes the increase to higher imported energy prices.

SNBNCLUKOIL

By Ed FranklSwiss inflation rose again last month to reach its highest level in almost three years, driven by the continued increase in imported energy prices amid enduring uncertainty over the outcome of the war in the Middle East.Annual inflation was 1.5% in October, compared with 1.0% in the pri…

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