(Bloomberg) -- Switzerland's inflation rate rose to the highest level in almost three years, driven by the surge in oil costs and a weaker franc. Disney Plans Thousands of Layoffs, Targeting 20% Cost Savings Outback Steakhouse Franchisee Files Bankruptcy After Costs Swell Khamenei Empowers Talks as Trump Says Iran Deal Could Happen Consumer prices increased 1.5% from a year earlier in October, the statistics office said on Tuesday. That's up from 1% in September and stronger than predicted by any of the economists in a Bloomberg survey. While the reading is within in the Swiss National Bank's 0-2% range, it's already noticeably above the 1.2% forecast of policymakers for the fourth quarter.
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