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Switzerland June CPI -1.3% vs -1.2% y/y expected

July 02, 2020 at 07:30AM

Switzerland June CPI -1.3% vs -1.2% y/y expected
Latest data released by the Federal Statistical Office – 2 July 2020
– -1.3%
– Prior -0.6%
The bad news for the Swiss economy and the SNB is that inflation pressures continue to remain highly subdued, with the core reading even slipping further to its lowest level since January 2016. This only means that the SNB will
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