Feinler Management Group - Swiss annual deflation deepens to 0.4pc
Posted in the Business News Forum
Since: Nov 12
#1 Dec 7, 2012
ZURICH: Annual consumer price deflation deepened in Switzerland last month to 0.4 percent from 0.2 percent in October, the Swiss Federal Statistical Office (FSO) said in a statement.
Consumer prices last month meanwhile fell 0.3 percent compared to October.
The month-on-month drop was mainly due to slipping prices for fuel, housing prices and food goods, the FSO said.
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