Latest data released by the Federal Statistics Office - 5 April 2018
- Prior m/m +0.4%
- CPI y/y +0.8% vs +0.7% expected
- Prior y/y +0.6%
- HICP m/m +0.3% vs +0.3% prior
- HICP y/y +0.7% vs +0.5% prior
A bit of a beat in the inflation figures, and the core reading came in at +0.6% y/y - an increase of 0.1% too. That will at least give the SNB some form of comfort for the time being. A minor data point though.
USD/CHF at 0.9626 as the dollar continues to gain on the day. EUR/CHF at 1.1795 a little lower as the euro slips.
