Do you notice inflation as much as other eu countries?

Many goods come in from the EU.

In the EU they are getting more expensive. BUT: Have a look at the EUR CHF currency pair:

https://www.investing.com/currencies/eur-chf-chart

Choose 1m for 1 month on the x axis.

You'll see, that people deinvest from EUR and go into the safe haven CHF, because, well, too much turmoil in the world. Covid, CN-US, CN-India, CN-Taiwan, CN-Japan, India-Pakistan, UK's Brexit, Russia, Belarus, Nord Stream 2, etc. etc.

That more than compensates the imported inflation.

CH had a bad harvest as well, though, so expect imminent potato shortages & Co. = higher prices there as well. Plus the gas situation (no reserves). Not so much oil though (plenty of mandatory reserves, own raffinery too).

/r/askswitzerland Thread