European Economic News

Swiss Consumer Prices Continue To Fall In April

Consumer prices in Switzerland continued to fall in April, the latest data from the Federal Statistical Office showed Wednesday.

The consumer price index fell 0.6 percent year-on-year in April, faster than the expected 0.5 percent slump. This compares with a 0.6 percent fall in March and a 1 percent drop in April 2012.

On a monthly basis, the CPI remained unchanged in April compared with forecast of 0.1 percent increase.

by RTTNews Staff Writer

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