SNB's Tschudin says inflation likely to pick up in short term

ZURICH, March 24 (Reuters) - Swiss inflation is likely to climb somewhat over the short term, Swiss National Bank Governing Board Member Petra Tschudin said on Tuesday, pointing to upwards pressure on global energy costs.

In a nod to the conflict in the Middle East, Tschudin also underlined that the SNB had last week stated that it was more ready to intervene in currency markets to contain any excessive appreciation in the Swiss franc.

Tschudin was speaking at an event organised by the University of Zurich.