Swiss Inflation Records Biggest Fall Since 1959


Switzerland's consumer prices in July recorded the biggest fall since August 1959, official data showed Tuesday.

Consumer prices slipped 1.2% annually in July, severe than the1% decrease seen in June, the Federal Statistical Office reported. A year ago, annual inflation was 3.1%.

The core CPI, which exclude volatile items rose 0.9% annually in July.


TradingEconomics.com, RTT News
8/4/2009 9:34:42 AM