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Swiss inflation slowed to 0.1% in October, driven by falling prices and a strong franc.
Swiss inflation slowed to 0.1% year-on-year in October, below the 0.3% forecast and down from 0.2% in September, with consumer prices falling 0.3% monthly—faster than expected.
Food and transportation costs dropped, while housing, energy, and education prices rose.
Core inflation fell to 0.5% from 0.7%.
A strong Swiss franc suppressed imported prices, contributing to disinflation.
The franc weakened against most major currencies, with the largest drop versus the Australian dollar.
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La inflación suiza se desaceleró a 0,1% en octubre, impulsada por la caída de los precios y el fuerte franco.