Switzerland April CPI +0.3% vs +0.3% y/y expected
Latest data released by the Federal Statistics Office - 5 May 2021
Swiss inflation ticks higher but it can be tied back to base effects, though the core reading also did jump higher as compared to March and is flat on a year-on-year basis. Nonetheless, this will do little to convince the SNB from shifting its policy stance.
- Prior -0.2%
- Core CPI 0.0% vs -0.1% y/y expected
- Prior -0.4%