Switzerland March CPI +0.3% vs +0.5% y/y expected

  • Prior +0.3%
  • Core CPI +0.9% y/y
  • Prior +0.9%

Swiss inflation continues to keep thereabouts with core annual inflation hugging near the 1% mark. The market pricing believes that the SNB is done for the year, although Trump’s tariffs might be a threat to that as they are causing the Swiss franc to move higher. That has a negative impact on inflation and is a key balance for the SNB to strike.

This article was written by Justin Low at www.forexlive.com.