-0.2% prev

  • yy -1.2% vs -1.3% exp vs -1.1% prev
  • HICP mm 0.0% vs -0.2% prev
  • yy -0.9% vs -0.8% prev

Federal Statistics Office says the mm increase due mainly to higher prices for cars, oil products and rent

YY continues to be deflationary as CHF appreciation cuts the price of imports and will remain a worry to the SNB

USDCHF 0.9291 as the $ catches a bid and sends EURUSD 1.1267, or vice versa

EURCHF still treading water around 1.0470