- 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.