Countries are struggling to contain inflation, but not Switzerland. here’s why

While many countries around the world are struggling with skyrocketing inflation, the Swiss economy is experiencing a much less dramatic situation. In 2022, inflation in Switzerland reached a 29-year high of 3.5%. Although high by Swiss standards, this figure is well below the double-digit inflation of comparable economies, including the United States (9.1%), the United Kingdom (11.1%) and euro zone (10.6%). On top of that, economists say the situation is easing. “It’s decreasing a little bit,” Tobias Straumann, professor of modern and economic history at the University of Zurich, told CNBC. So what has allowed the Swiss economy to largely avoid inflation, and what lessons can other countries learn from it? Watch the video to find out. https://cnb.cx/41qXuXw #CNBC #Inflation #Switzerland #Economy —– Subscribe: http://cnb.cx/2wuoARM CNBC International TV: https://cnb.cx/2NGytpz Facebook: https: //www.facebook.com/cnbcinternational Instagram: https://www.instagram.com/cnbcinternational/ Twitter: https://twitter.com/CNBCi

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