Swiss annual inflation slightly weaker than forecast in September
ZURICH, Oct 2 (Reuters) - Switzerland's annual inflation rate remained flat at 0.2% during September, slightly undershooting expectations, official data showed on Thursday.
The consensus forecast of a Reuters poll of analysts was that annual inflation would tick up one tenth of a percentage point from the rate in August to 0.3%.
According to the data published by the Federal Statistics Office, compared to the previous month, the Swiss consumer price index dropped by 0.2%, in line with the poll forecast.
That drop was due to several factors including lower prices for supplementary accommodation and hotels, as well as for international package holidays and air transport, it said.
The data come a week after the Swiss National Bank held its policy rate at zero and forecast that inflation would gradually begin moving upwards moving during next year. The SNB targets an inflation rate of between 0 and 2%.
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