Swiss CPI Jumps to 0.8%, but Energy Drives Much of Inflation Surprise - ActionForex
6 Articles
6 Articles
The inflation rate in Switzerland rose significantly in August – the highest level in two years. Analysts had expected significantly less on average.
Inflation in Switzerland jumped in August, reversing several months of deceleration in prices, as the renewal of tensions in the Middle East boosted global energy costs. Exclusive material for subscribers. To have full access, access the material link and register.
Switzerland's consumer prices rose 0.4 percent in August compared with the month before, and rose 0.8 percent compared with the corresponding month last year.
Swiss CPI Jumps to 0.8%, but Energy Drives Much of Inflation Surprise - ActionForex
Swiss inflation accelerated more sharply than expected in August, with headline CPI rising from 0.4% to 0.8% y/y, above 0.5% consensus. On monthly basis, CPI swung from -0.1% to +0.4% m/m, compared with expectations for no change. However, underlying pressures were considerably softer, with core inflation at 0.4% y/y and 0.2% m/m. Energy and imported […]
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