Switzerland January CPI +zero.four% vs +zero.four% y/y anticipated

• Prior +zero.6%
• Core CPI +1.2% y/y
• Prior +zero.7%

Headline annual inflation eased to begin the 12 months however core annual inflation is seen accelerating again above 1% in January. As a complete although, Swiss inflation stays effectively beneath management and it tees up for an additional charge reduce by the SNB for subsequent month. The central financial institution can soak up some consolation from the newest geopolitical developments involving Russia and Ukraine as that might ease the draw back stress on EUR/CHF i.e. franc power.

This text was written by Justin Low at www.ubaidahsan.com.



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