Swiss Inflation Unexpectedly Holds Before SNB Rate Decision
6 Articles
6 Articles
In monthly terms, the consumer price index rose 0.2% in May, down from 0.3% in April.
The Iran war has kept inflation in Switzerland at an elevated level in May. The oil price shock, but also the higher housing rents, contributed to this.
Consumer prices in Switzerland rose by 0.2% in the course of May, bringing inflation over a year to 0.6%, says the Federal Statistical Office (OFS) on Thursday in its monthly situation point. The unemployment rate remained at 3.0%.
The Iran war has kept inflation in Switzerland at an elevated level in May. In concrete terms, annual inflation rose by 0.6 percent in May, ...
Swiss Inflation Misses Expectations, unchanged at 0.6% in May - ActionForex
Swiss inflation remained subdued in May, underscoring the country’s unique position at a time when many major economies are grappling with renewed price pressures. Headline CPI held steady at 0.6% yoy, missing expectations for an increase to 0.8% yoy. Core inflation was also unchanged at 0.6% yoy, suggesting underlying price pressures remain remarkably contained despite […] The post Swiss Inflation Misses Expectations, unchanged at 0.6% in May a…
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