Swiss Inflation Turns Negative in October

(Corrects reason for negative inflation)

Swiss inflation turned negative in October as prices of new and used cars fell.

Consumer prices decreased 0.1 percent from a year earlier after rising 0.5 percent in September, the Federal Statistics Office in Neuchatel said in an e-mailed statement today.

To contact the reporter on this story: Paul Verschuur in Zurich at pverschuur@bloomberg.net

To contact the editor responsible for this story: Craig Stirling at cstirling1@bloomberg.net

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