Swiss Consumer Prices Remain Stagnant In April

(RTTNews) - Switzerland's consumer prices showed a flat change in April, the Federal Statistical Office reported Monday.

The consumer price index showed no variations compared to last year, following a stable increase of 0.3 percent in March.

Further, this was the lowest level since March 2021, when prices were down by 0.2 percent.

Prices for food and non-alcoholic beverages decreased 0.8 percent annually in April, and the decline in transport charges deepened to 2.6 percent from 2.1 percent. On the other hand, housing energy costs grew at a steady rate of 1.4 percent.

Excluding food and energy, core inflation moderated to 0.6 percent from 0.9 percent a month ago.

Month-on-month, consumer prices stalled for the second straight month in April.