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Switzerland August CPI -0.9% vs -0.8% y/y expected

September 3, 2020 by admin 0 Comments

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Latest data released by the Federal Statistics Office – 3 September 2020

Prior -0.9%
Core CPI -0.4% vs -0.4% y/y expected
Prior -0.4%

Swiss inflation continues to stay more subdued – no change to July – and this just reaffirms the narrative that the SNB will keep intervening in the market in order to limit any franc strength in order to try and get back on the inflation path.
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This article was originally published by Forexlive.com. Read the original article here.