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مباشر
Switzerland's July inflation slows as forecast
The annual inflation rate in Switzerland slowed down in July to 0.4%, in line with analysts' expectations. This decrease was due to a 0.7% drop in fuel product prices compared to the previous month. The decline in fuel prices outweighed the rise in heating oil costs, which increased by 13.6% year-on-year as a result of the ongoing conflicts in the Middle East. The Swiss National Bank maintained its key interest rate at the current level, with inflation expectations remaining stable between 0% and 2%, without commenting on the new data.
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