Switzerland's Consumer Price Rate Of Decline Eases

As the recession ravaged economies in the European continent, alongside deflation risks that were triggered among many nations, as a result of plummeting oil prices and crippled demand. Yet today, we witnessed consumer prices in Switzerland easing, as a result of improvement in the economy. Switzerland contracted by 0.3% in the second quarter from the first quarter contraction of 0.9%, which was the most since 1991. The contraction in the second quarter narrowed, as a result of the Swiss