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Tag Archives: Cost of food in Switzerland

Food consumes far less of Swiss budgets than it did 25 years ago

Comparing the most recent statistics on Swiss consumer inflation to those in 1993 reveals a steep drop in the percentage of spending allocated to food. © Tero Vesalainen | Dreamstime.com - Click to enlarge When statisticians calculate consumer price rises they look at the prices of a standard basket of goods. In 1993, food and non-alcoholic beverages made up 14.3% of the value of this standard basket. By 2018, the...

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Food consumes far less of Swiss budgets than it did 25 years ago

Comparing the most recent statistics on Swiss consumer inflation to those in 1993 reveals a steep drop in the percentage of spending allocated to food. © Tero Vesalainen | Dreamstime.com When statisticians calculate consumer price rises they look at the prices of a standard basket of goods. In 1993, food and non-alcoholic beverages made up 14.3% of the value of this standard basket. By 2018, the percentage had fallen to 10.4%, a 27% drop. The chart below compares the percentages spent on food...

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