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Switzerland December CPI +2.8% vs +2.9% y/y expected

Switzerland December CPI +2.8% vs +2.9% y/y expected
  • Prior +3.0%

The monthly reading also reflects a drop in consumer price inflation, down by 0.2%, with annual inflation continuing to ease a fair bit more since the 3.5% reading in August. That said, core inflation is seen ticking higher to 2.0% y/y - up from the 1.9% y/y reading in November. The latter should allow the SNB to maintain its recent policy stance for a while longer.

This article was written by Justin Low at... Read More
Posted: Jan 4 2023, 07:31
Author Name: forexlive
Views: 111790

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