Swiss Inflation Stays Above Zero Again in Relief for SNB (1)

Sept. 4, 2025, 7:05 AM UTC

Swiss inflation stayed positive for a third consecutive month, offering reassurance to policymakers as they also evaluate if the economy can weather a jump in US tariffs.

Consumer prices rose 0.2% from a year ago in August, matching the increase of the previous month, the country’s statistics office said on Thursday. Most economists in a Bloomberg survey had anticipated inflation to stay at that level or accelerate.

The report marks the final glimpse of price data before the Swiss National Bank’s quarterly decision later this month. Signs of some inflation may lessen pressure on officials to cut interest ...

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