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Switzerland May CPI +1.4% vs +1.4% y/y expected

Switzerland May CPI +1.4% vs +1.4% y/y expected

News
Justin Low
04/06/2024 | 06:30 GMT
  • Latest data released by the Federal Statistics Office - 4 June 2024
  • Prior +1.4%
  • Core CPI +1.2% y/y
  • Prior +1.2%

The figures are similar to April, and that should give the green light for the SNB to ease further later this month. USD/CHF is up slightly from 0.8945 to 0.8970 on the day now.

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