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Swiss consumer prices see first decline in over four years

Published 03/06/2025, 09:18
Swiss consumer prices see first decline in over four years

Investing.com -- For the first time in over four years, Switzerland has experienced a drop in consumer prices.

This development, which occurred in May, increases the pressure on the Swiss National Bank to significantly reduce its interest rate later this month.

According to data released by the Federal Statistics Office on Tuesday, consumer prices fell by 0.1% in May compared to the same period last year.

This is the lowest reading since March 2021, a time when the Swiss economy was significantly impacted by the COVID-19 crisis.

This negative turn in Swiss inflation marks a significant shift after more than four years of steady consumer prices.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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