Swiss inflation quickens

Consumer prices rose 3.3% in January from a year earlier, the Federal Statistics Office sai, as households endured an increase in their electricity bills. — Reuters

ZURICH: Inflation in Switzerland accelerated more than economists forecast, a result that may add to Swiss National Bank (SNB) concerns about cost pressures getting out of control.

Consumer prices rose 3.3% in January from a year earlier, the Federal Statistics Office said yesterday, as households endured an increase in their electricity bills.