TABLE-Swiss CPI falls 0.7 pct yr/yr in Dec

ZURICH, Jan 6 (Reuters) - Swiss consumer prices
fell 0.7 percent in December from a year ago and were
0.2 percent lower compared with the previous month, the Federal
Statistics Office said on Friday .

CONSUMER PRICE INDEX
Dec 2011 Nov 2011 Dec 2010

Pct change m/m -0.2 -0.2 0.0
Pct change y/y -0.7 -0.5 0.5
Index (DEC 2010 = 100) 99.3 99.4 104.2

Core infl. 1* y/y pct -1.1 -1.0 0.1
Core infl. 2* y/y pct -1.6 -1.4 0.1

*Core inflation 1 strips out volatile price components like
food, beverages, tobacco, seasonal prodcuts, energy and fuel;
core inflation 2 also strips out administered prices.

For more details of the Federal Statistics Office statement
in German, Reuters 3000 Xtra users can click on:

www.bfs.admin.ch/bfs/portal/de/index/news/medienmitteilungen.htm

FORECASTS IN REUTERS POLL:
Y/Y
Median -0.6 pct
High -0.3 pct
Low -0.9 pt

M/M
Median 0.0 pct
High 0.1 pct
Low -0.3 pct

BACKGROUND
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