Better than median forecast of -22.
As I won’t be here much longer this week, probably a good time to mention the release of latest Swiss CPI data at 08:15 GMT Friday, expected -0.3% m/m, -0.8% y/y.
Very very important data as the market looks for signs of accelerating deflationary pressures in the Alpine country.
Weaker than expected data should help underpin the EUR/CHF cross, which presently sits at 1.2100.
