During 2020, average annual inflation was –0.7%, according to Switzerland’s Federal Statistical Office (FSO). In December 2020, Switzerland’s consumer price index (CPI) fell by 0.1% compared with November 2020. Compared to December 2019, prices in December 2020 were 0.8% lower. Annual inflation reached -0.7% across the full year. The main drivers of a falling CPI […]
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