- 0.0% vs -0.1% exp m/m
- HICP 0.1% vs 0.1% prior y/y
- -0.3% vs 0.0% prior m/m
October retail sales is out also and came in at 0.3% vs 0.3% prior which was revised to 0.5%
USD/CHF pushes into 0.9810 but more due to EUR/USD falling further.
The drop may not be enough alone to prompt the SNB into action on Thursday but they’ve a lot to weigh up, particularly the possible side effect of the eCB pulling the QE trigger.
Swiss CPI y/y 08 12 2014
