MySkySchool.com

Goods price decline Switzerland

Good news for the locals, but also for the tourists, visiting beautiful Switzerland: the consumer goods in Switzerland are cheaper than last year!

Goods price in Switzerland are currently surprising! Believe it or not, even in the one of the most expensive countries in the world, sometimes the prices can nicely surprise us.

After the economic shock caused by the strong franc earlier this year, the recent statistics on consumer product price bring us good news.

WHAT STATISTICS SAY ABOUT THE CONSUMER PRICES DECREASE

Apparently, the consumer prices in Switzerland recorded in August a decrease of 1,4 % compared to the same period last year, representing the largest decrease of the last 56 years.

Compared with July, consumer prices fell by 0.2%, according to data released by the Federal Statistical Office.

Overall, consumer prices in Switzerland are at the lowest level from September 2007.

Statistic data related to August marked the tenth consecutive month of prices decrease. In annual terms, being a trend that began end of last year, but has grown since January. Afterwards, the central bank removed the cap on its currency. And then the sudden appreciation of the franc 1.2 units for one euro took place.

The strong franc reduced the cost of imports from the Euro zone. According to statistics, in August, the total cost of imports fell by 5.5% compared to the same period last year. Another influential factor for maintaining the price low is the registered reduction of the oil price.

CONCLUSION FOR VISITORS OF SWITZERLAND

Even if we cannot speak about a cheap Switzerland, we definitely can say that the Swiss quality brings us surprises and comes sometimes at a lower price! Now goods price in Switzerland is lower than ever.

More posts to read

Zermatt Church bridge reconstruction

Zermatt Church bridge reconstruction

Zermatt Church bridge reconstruction takes place in Zermatt! No wonder that this Swiss resort attracts millions of people every year. It is a fairy tale which exists in reality. What is interesting, tourists come there all year round. Probably due to its unique nature, impressive scenery, alpine sparkling lakes, immense glacier, rocky mountains and of...

Read
Matterhorn Glacier Paradise and new 3S cableway

Matterhorn Glacier Paradise and new 3S cableway

No wonder that people adore Zermatt. Its skiing slopes and landscapes are amazing! Despite skiing, nobody will leave this popular resort without visiting Matterhorn Glacier Paradise. It is one of the most attractive destinations. Not only for skiers but also for tourists who want to enjoy the impressive view. View from the highest mountain in...

Read
Best hiking trails Switzerland

Best hiking trails Switzerland

The best hiking trails Switzerland cannot be found in books as they are known mostly by the locals. Actually, we strongly believe only an experienced local guide can take you to the best places. Today we would like to share with you some of the amazing hikes in Zermatt, Saas-Fee, Verbier and Chamonix France. Surely,...

Read
Switzerland Summer vacation packages

Switzerland Summer vacation packages

Switzerland Summer vacation packages 2018 will give you and your family the charge of positive energy! Increase your health in a natural paradise for active people. Yes, this country is amazing and offers tourists incredible adventures opportunities for the whole family. How to select the right summer destination? In reality, many parents are horrified by...

Read
This website uses cookies. By using this website, you agree to the use of cookies.Find out moreOK, I understand