Countries are struggling to contain inflation, but not Switzerland. Here's why-(1080p)

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 A to Z News .

So, what is it about the Swiss economy that’s allowed it to largely sidestep inflation, and what can other countries learn from it?