According to CoinMeta, Switzerland's inflation rate has risen to its highest level in two years, with consumer prices increasing by 1% year-on-year in September, in line with market expectations and higher than the 0.8% recorded in August. This figure is in line with the Swiss National Bank's forecast for that quarter and remains within the target range of 0%-2% set by policymakers. The Swiss Federal Statistics Office stated that rising oil prices and a weaker Swiss franc have exacerbated price pressures, but most of the acceleration in inflation is considered to be a temporary phenomenon. The core inflation rate, which excludes more volatile items such as energy, rose slightly from 0.4% to 0.5%, marking the second consecutive month of increase.