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Swiss Inflation Hits Two-Year High of 1%

Swiss annual inflation accelerated to 1.0% in September, marking the highest rate in just over two years and meeting analysts' forecasts. Month-on-month prices remained unchanged, also in line with consensus.

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0% in September, the highest rate in just over two years, and matched analysts' forecasts, official data showed on Thursday. On a month-on-month basis, prices in Switzerland were unchanged, also in line with the consensus forecast in a Reuters poll of economists.