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    Swiss CPI seen ticking higher in 2016 – Swiss Government

    The Swiss Government has released its updated forecasts for economic growth and inflation.It now expects consumer prices tracked by the CPI to contract 0.4% during the current year and rising 0.3% in 2017, up from previous readings at -0.6% and 0.2%, respectively.No changes in regard to GDP, expected to expand at an annual pace of 1.4% in 2016 and 1.8% next year.

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