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| Name | Countries are struggling to contain inflation, but not Switzerland. Here's why |
| Video Uploader | Video From CNBC International |
| Upload Date | This Video Uploaded At 27-02-2023 05:00:27 |
| Video Discription | As many countries across the globe battle sky-high inflation, Switzerland’s economy is seeing something far less dramatic. Inflation in Switzerland hit a 29-year high of 3.5% in 2022. While high by Swiss standards, that figure is well below the double-digit inflation of comparable economies including the United States (9.1%), United Kingdom (11.1%) and euro zone (10.6%). On top of that, economists say it’s easing. “It’s coming down a little bit,” Tobias Straumann, professor of modern and economic history at the University of Zurich, told CNBC. So, what is it about the Swiss economy that’s allowed it to largely sidestep inflation, and what 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 |
| Category | News & Politics |
| Tags | CNBC | CNBC Explains | CNBC International | inflation | switzerland | recession | personal finance | economics | investment | consumer price index | switzerland travel | switzerland travel vlog | savings | groceries | cost of living | cost of living crisis | cost of living in uk | minimum wage | poverty | money | fx | wealth | gas prices | housing | gasoline | stock market | forex | switzerland vlog | travel vlog | currency | chf | swiss bank | credit suisse | tax evasion | finance | how to save money | budgeting | how to budget |
