Countries are struggling to contain inflation, but not Switzerland. Here's why

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.