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Switzerland's Inflation Hits 0.3% Amid Energy Supply Issues

4/2/2026

43 3 Full Breakdown

Summary

Story summary

The inflation rate in Switzerland rose to 0.3% in March 2026, led by a 5.3% rise in petroleum products.
The Swiss National Bank (SNB) is expected to maintain its zero interest rate as markets do not anticipate rate hikes in June.
Ongoing energy supply issues linked to the Middle East conflict are affecting prices.
Underlying inflation excluding energy is 0.4%.

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Story summary

The inflation rate in Switzerland rose to 0.3% in March 2026, led by a 5.3% rise in petroleum products.
The Swiss National Bank (SNB) is expected to maintain its zero interest rate as markets do not anticipate rate hikes in June.
Ongoing energy supply issues linked to the Middle East conflict are affecting prices.
Underlying inflation excluding energy is 0.4%.