Throughout the last year I have noticed that prices of several items in supermarkets in Switzerland have increased. Obviously, the inflation as explained in a earlier blog that has been prevalent has played a major part here. Moreover, it appeared to me that prices for the cheap lines e.g. M-Budget at Migros have increased over-proportionally. … Read more
Are you also concerned that the health premiums are going to increase again in 2024? I showed that the health costs measured by the LIK actually have decreased by about 7.4% since 2010 in the blog entry in March 2023. I visualize this development again in figure 1 below. This feels weirdly at odds with … Read more
In my last blog entry I mentioned that the health cost measured by the LIK went down by -0.43% throughout the year 2022 while at the same time the health premiums increased by 6.6% on average for the year 2023 compared to 2022. The raises some interesting question to me. I am very curious to learn … Read more
The inflation in Switzerland between the 01.01.2010 and the 31.12.2021 moved only from a level of 101.254 in the beginning to 101.523. I.e. the prices on aggregated measured by the LIK edged up only 0.266% over this 11 year period. Using the geometric mean formula we compute an annualized inflation rate of around 0.0241% for … Read more
During the last year the topic of inflation rates around the globe gained traction. Opening up the newspaper one is often confronted with quotes reporting sky-high inflation rates: USA: The annual inflation rate in the US accelerated to 9.1% in June of 2022, the highest since November of 1981, from 8.6% in May and above … Read more
