Federal Statistical Office reported on Thursday the Swiss Consumer Price Index (CPI) was flat m-o-m in September following no change in August. That was in line with economists’ forecasts.

According to the report, gains in prices for clothing, footwear and other fruits (grapes and melons) were offset by declines in prices for international package holidays, hotel accommodation and airfares.

In y-o-y terms, Swiss CPI fell 0.8 percent in September after a 0.9 percent decline in August, also matching economists’ expextations.