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Consumer prices increased by 0.1% in October
The consumer price index (CPI) increased by 0.1% in October 2023 compared with the previous month, reaching 106.4 points (December 2020 = 100). Inflation was +1.7% compared with the same month of the previous year. These are the results of the Federal Statistical Office (FSO). The 0.1% increase compared with the previous month is due to several factors including rising prices for heating oil and air transport. Women's coats and jackets also recorded a price increase, as did foreign red wine. In contrast, prices for hotels and petrol decreased, as did those for fruiting vegetables. In October 2023, the Swiss ... (full story)