ZURICH (Thomson Financial) - The Swiss consumer price index in June was up 0.1 pct from May with consumer prices rising 0.6 pct year-on-year, the Swiss Federal Statistics Office said.
Economists polled by Thomson Financial News had forecast a yearly price hike of between 0.5-0.7 pct, while on a monthly basis the index had been expected somewhere between unchanged and a 0.2 pct rise.
The statistics office said the price hike was driven by higher oil prices as well as a seasonal increase in fruit and vegetable prices.
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