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Swiss CPI rises more-than-expected in September

Published 10/06/2011, 03:21 AM
USD/CHF
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Investing.com – Consumer price inflation in Switzerland rose more-than-expected in September, official data showed on Thursday.

In a report, the Swiss Federal Statistics Office said consumer price inflation rose by 0.3% in September, after dropping by 0.3% in August.  

Year-over-year, Swiss consumer prices rose at an annualized 0.5% in September, after increasing at a rate of 0.2% in August. Analysts had expected year-over-year CPI to rise at an annualized rate of 0.3% in September.

Following the release of the data, the Swiss franc was down against the U.S. dollar, with USD/CHF climbing 0.52% to trade at 0.9279.


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