Here’s How Switzerland beats Inflation

As many countries around the world battle stubbornly high inflation, price increases in Switzerland have been far less dramatic.

Switzerland's GDP per capita exceeds that of other developed countries such as the United States, Japan, and Germany. Hence, it is one of the world's richest countries. Furthermore, the country is home to some of the world's wealthiest people, with an average adult wealth of $696,604. In addition to its high cost of living, the country has a high concentration of wealthy citizens

The Swiss cities of Zurich and Geneva remained among the top ten most expensive cities in the world last year, This is despite rising living costs in other high-end cities such as Singapore and New York.

As a result, price increases often have less of an impact on Swiss citizens. This is due to the fact that they spend a smaller proportion of their income on necessities such as food and housing than on discretionary items.

Let's take a look at the factors that help Switzerland to beat inflation

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