The Switzerland stock market closed lower on Thursday, with the SMI index falling by 0.89% to 10,710.59. Concerns about rising interest rates and slowing economic growth overshadowed a bigger-than-expected drop in Swiss consumer price inflation. Several top companies like Geberit, Alcon, and Givaudan ended the day in the red, while Holcim saw a gain of 1.8%. Inflation in Switzerland eased to 3% in October, the lowest in five months but above the Swiss National Bank’s target range of 0-2%. Overall, the market struggled as investors remained cautious about the economic outlook.

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