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Swiss consumer prices declined less than expected in June, a report from the Federal Statistical Office showed Friday.
The consumer price index fell 0.1 percent year-on-year in June compared with forecast for a 0.4 percent decline. This followed a 0.5 percent drop in May and 1.1 percent fall in June 2012.
Month-on-month, CPI rose 0.1 percent against forecast of 0.2 percent decline. This marginal increase can be attributed to higher prices of petroleum products and seasonal increase in fruit and vegetable prices.
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