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The Swiss Federal Statistics Office released its consumer inflation data on Tuesday. Switzerland's consumer price index dropped 0.4% in January, in line with expectations, after a 0.5% decline in December.
On a yearly basis, Switzerland's consumer price index declined to -0.5% in January from -0.3% in December, beating expectations for a 0.6% drop.
These figures have added to concerns over deflation in Switzerland.
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