Price hike became the political bone of contention

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Life in Switzerland is getting expensive.

Ruedi Studer and Sermin Fakio

Higher energy prices, premium shock, inflation. There is less and less in people’s pockets. While many are boiling over the loss of purchasing power, the Federal Council is shedding its blood. He sees no need for immediate measures against high energy prices and inflation. “The Federal Council is of the opinion that the previous price increase for houses is manageable,” the government said last week.

And she remains on that course. Inflation is almost three times lower here than abroad, the share of energy costs in the domestic budget is only half as large, pacifies SVP Finance Minister Uli Maurer (71) on Blick TV. Even though energy prices are likely to remain high for years to come, the Federal Council does not want to interfere.

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