Swiss inflation reaches one year high of 0.3 percent

Swiss inflation rose to 0.3 percent in March as higher fuel costs pushed prices to a one-year high. The rate remains well below levels seen in the euro area.

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Consumer price inflation in Switzerland climbed to its highest level in a year during March, as the country absorbed the impact of rising fuel costs linked to geopolitical instability in the Middle East. According to data released by the Federal Statistical Office on Thursday, prices rose by 0.3% compared to March 2025. This marks an increase from the 0.1% rate recorded in February, although the figure remained below the 0.5% growth projected by economists in a Reuters poll.

A display shows fuel prices in Swiss francs per liter at a BP gas station in Zurich, Switzerland. REUTERS/Arnd Wiegmann
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