The oil shock is affecting Switzerland less than other countries. But why is diesel becoming significantly more expensive than petrol?
Rising energy prices are affecting Swiss consumers relatively little in international comparison. Those who rely on diesel are suffering the most. There, the shortage is greater than with petrol.
Switzerland's consumers are less affected by rising energy prices compared to other countries. However, those relying on diesel, such as farmer and transport entrepreneur Thomas Knutti, are hit harder due to a shortage of diesel. The price of diesel in Switzerland is currently around 2.30 francs per liter, close to its all-time high of 2.40 francs in summer 2022.
The surge in diesel prices is expected to increase inflation in Switzerland, but experts say its impact will be limited due to the country's service-oriented economy and low dependence on fossil fuels.
Written by urgent.news from NZZ Wirtschaft's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
