Tue, 08 Oct 2013 16:25:04 GMT
Swiss prices decrease on rising retail sales
Swiss Federal Statistics Office has announced a 0.1% annual deflation in September, while in August prices remained flat. It is expected the deflation to reach 0.2% in 2013 before turning back into 0.3% inflation in 2014. Alongside, retail sales in Switzerland surged 2.4% in August after a 0.6% advance the month earlier. Moreover, the non-food sales jumped as much as