Figures published by Switzerland’s Federal Statistical Office (FSO) on 3 August 2022 show annual inflation running at 3.4% in July, the same rate as June. Photo by Anna Shvets on Pexels.comSwitzerland’s consumer price index (CPI) remained stable in July 2022 compared with the previous month, and 3.4% higher compared with the same month of the previous year, said FSO. On 4 August 2022, the Bank of England (BOE) announced a forecast of 13% inflation across the UK in 2022. A rising Swiss franc has helped to keep inflation low in Switzerland. On 4 August 2022, one Swiss franc was worth 1.02 Euros.

Source: Le News August 04, 2022 22:44 UTC