Your World, Fully Explored.
Published loading...Updated

Europe opens mostly lower as Swiss inflation slows

  • Switzerland's headline annual inflation dropped to zero in April 2025, according to data published by the Office fédéral de la statistique on May 5.
  • This zero inflation results from 18 months of negative imported inflation and a stronger Swiss franc that continues to exert downward price pressure.
  • Despite overall price stability, residential rents increased 3.2% and remain the main upward force, while food, energy, and transport prices declined notably.
  • Economists expect the Swiss National Bank to reduce its policy rate from 0.25% to 0% at its June 19 meeting to counteract deflation risks and franc strength.
  • The expected rate cut aims to prevent deflation and support the economy, though some experts warn that renewed negative rates may be necessary soon.
Insights by Ground AI
Does this summary seem wrong?

15 Articles

All
Left
3
Center
1
Right
3
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 43% of the sources lean Left, 43% of the sources lean Right
43% Right
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Bloomberg broke the news in United States on Monday, May 5, 2025.
Sources are mostly out of (0)