Recently published data show annual inflation rising to 3.3% to the end of January 2023, up from 2.8% at the end of 2022. Looking back across a longer period of time Swiss inflation doesn’t look so bad. Between the end of 2010 and the end of 2022, prices have risen by 2.5%. For salary earners prices rises are painful and falling prices tend to be overlooked. A 2.8% boost is equivalent to inflation over 2022, however, it exceeds inflation since 2010 (+2.5%).

Source: Le News February 25, 2023 23:42 UTC