Switzerland's inflation rate has decreased to 0.8% in September, compared to 1.1% the previous month, leading to expectations of further interest rate cuts by the Swiss National Bank (SNB).

The drop in prices, which declined by 0.3% month-on-month, is attributed to cheaper package tours, reduced airline ticket prices, and lower energy costs. Excluding rents, the inflation rate is only 0.1% compared to the same month last year, with the strong Swiss franc significantly affecting price trends.

The SNB is expected to continue its strategy of monetary easing, with another interest rate cut anticipated in December. The central bank prefers to adjust interest rates to counteract the appreciation of the Swiss franc, as stated in a recent monetary policy assessment. If the trend of disinflation continues, a key interest rate of 0% could become a possibility in the near future.