Switzerland August CPI +3.5% vs +3.4% y/y expected

  • Latest data released by SECO - 1 September 2022
CHF CPI
  • Prior +3.4%

Swiss annual inflation continues to climb though the core reading is seen keeping steady at +2.0% y/y but the data here will continue to allow the SNB to stick with tightening further after its policy pivot at least.

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