Allianz Trade Study: perceived and actual inflation diverge
The Swiss continue to live on an island of monetary stability. They recorded an inflation rate of only 2.2 % in May 2023. In contrast, inflation rates in Germany and Austria are almost three and four times higher, at 6.1 % and 8.8 % respectively. Where does this great divergence in the price increases of the Alpine riparian states come from? And why are the perceived and the
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