Consumer prices fall in Switzerland
Consumer inflation fell compared to the previous month, as expected in Switzerland during the month of June, while annual inflation inched lower than expected from the same period last year.
The Federal Statistics Office from Switzerland said CPI m/m fell to -0.3% in June as expected, down from a flat number in May. CPI y/y fell to -1.1% in June, from -1.0% the previous month and versus consensus for -1.0%.
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