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Swiss households spend more money

Swiss households spend more money

Neuchatel, Switzerland (GenevaLunch) – The Swiss consumer price index was up slightly by 0.1 percent in August, compared to July, bringing the overall index to 103.1 (100 = December 2005), according to Swiss Statistics. This is still down 0.8 percent year on year, but the decline has slowed from July when the annual decline was -1.2 percent.

Accommodation, energy and transport were the sectors that contributed most to the overall price increase in August, while prices of food and beverages, and communication declined. The health sector stayed stable, as did clothing and education.

The report also points out that domestic goods increased only 1 percent in the 12 months to August, while imported goods increased 5.4 percent over the same period.

Posted by Sean Ecker on 7 September 2009 at 9:32 | permalink
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News story, GenevaLunch, 7 September 2009.

Filed under: Society

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