Latest data released by the Federal Statistics Office - 3 November 2020
- Prior -0.8%
- Core CPI -0.1% vs -0.2% y/y expected
- Prior -0.3%
Swiss inflation improved slightly in October but still remains extremely subdued overall. Headline inflation and core inflation are still both in deflation territory, which just reaffirms that the SNB will keep policy as it is until the situation improves more materially.
