Switzerland's deflation is unique in that it's the result of their currency drastically gaining value on the currency of their neighbors. It's more of a price

Switzerland's deflation is unique in that it's the result of their currency drastically gaining value on the currency of their neighbors. It's more of a price adjustment and doesn't really show the signs of a deflationary spiral... Domestic goods still increased in price, as did housing, but imported goods brought down basket prices.