ZURICH, Feb 10 (Reuters) - Swiss consumer price inflation continued its recent steep decline in January and hit a fresh 2-year low due to cheaper oil and winter sales of clothes, data showed on Monday.
Consumer prices fell 0.8 percent compared with December, taking the annual inflation rate down to 0.1 percent in January from 0.7 percent in the previous month, the Federal Statistics Office said.
The annual inflation rate was the lowest since February 2007 and far below the economists' median forecast of 0.6 percent in a Reuters poll.
Inflation has dropped quickly from the 15-year high of 3.1 percent hit last July.
SNB officials have said repeatedly in recent weeks that they would not hesitate to turn to drastic unconventional easing measures such as market interventions should the country face the danger of deflation.
(Reporting by Sven Egenter; editing by David Stamp)