Cost of Living Up 3.5% in Switzerland

Associated Press

The cost of living in Switzerland rose 3.5% over the year through January, the highest 12-month inflation rate in nearly two years, the Federal Office of Industry, Trade and Labor reported.

The annual rate of 3.5% represented a considerable acceleration from annual inflation rates of 2.7% in September, 3.1% in October, 3% in November and 2.9% in December, it said.

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