Swiss inflation rises above target

Photo of Swiss franc

Inflation in Switzerland rose further in March, hitting 2.4%, the country’s official statistical agency said on April 1.

This is both over the Swiss National Bank (SNB) target of 2% and higher than the central bank’s latest forecasts. In its monetary policy assessment published on March 24, the SNB expected inflation to increase by 2.1% in 2022, declining to just 0.9% in 2023 and 2024.

Partly as a result of these forecasts, the SNB left its accommodative forward guidance unchanged, and kept

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account