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Consumer prices fell by 0.2% in November
The consumer price index (CPI) fell by 0.2% in November 2023 compared with the previous month, reaching 106.2 points (December 2020 = 100). Inflation was +1.4% compared with the same month of the previous year. These are the results of the Federal Statistical Office (FSO). The 0.2% decrease compared with the previous month is due to several factors including lower prices for hotels and international package holidays. Prices for fuels, heating oil and fruiting vegetables also fell. In contrast, housing rentals and imputed rents for owner-occupied dwellings increased.In November 2023, the Swiss Harmonised Index of ... (full story)
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