While I do agree in principle that rapidly increasing wages leads to price inflation, your reference does not relate to my experience in Switzerland (most recently was there on Saturday and will spend the next few days there starting tomorrow.)
> your reference does not relate to my experience in Switzerland
Living in Switzerland is clearly way more expensive than living in any of its close neighbors, so please explain me how this is not related to higher wages.
But... aren't wages in Switzerland also higher than their close neighbours? It's the same thing in Norway - everything seems expensive for visitors, but wages are much higher too.