Despite an economic context affected by the Covid-19 health crisis, prices rose only modestly in 2021. According to the Federal Statistical Office (FSO), Switzerland recorded an inflation rate of 0.6% for 2021. This economic situation can be explained, on the one hand, by the 0.7% contraction in prices recorded in 2020 and, on the other, by the appreciation of the Swiss franc. At this stage, the Swiss Confederation remains the country in which prices have stayed under control, even though neighbouring countries have seen their prices soar and purchasing power fall. These include, among others, the United States, Great Britain and the countries of the Eurozone, which recorded inflation rates of 6.8%, 5.1% and 4.9% respectively in 2021. However, the rise in the prices of imported products reached 1.5%, while that of local products stood at 0.3%.
