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    05.08.2015 09:54 Switzerland’s consumer price inflation is down 0.6% in July

    The Swiss Federal Statistics Office released its consumer inflation data on Wednesday. Switzerland's consumer price index declined 0.6% in July, missing expectations for a 0.4% decrease, after a 0.1% rise in June.



    On a yearly basis, Switzerland's consumer price index decreased to -1.3% in July from -1.0% in June, missing forecasts of a 1.1% decline.



    Food and beverages prices dropped at an annual rate of 1.5% in July, clothing and footwear prices fell 0.1%, while housing and energy prices declined 0.5%.



    Education costs increased by 1.2%.

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