Swiss consumer price inflation slowed to 3.3% in September but still surpassed the Swiss National Bank’s 0-2% target range for the eighth month in a row.
Economists had expected the year-on-year rate to hold steady at August’s 3.5%, a 29-year high.
The index fell 0.2% versus August given falling prices for fuels, heating oil, hotels and supplementary accommodation. Prices for clothing and footwear increased.
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