Latest Swiss inflation data out a few moments ago

  • +0.1% prev
  • yy -1.4% vs -1.3% exp vs -1.4% prev
  • HICP mm -0.3% vs 0.05 prev
  • yy -1.2% as prev

Softer data will be a concern to the SNB

USDCHF little changed though at 0.9977 just off session highs with EURCHF still underpinned at 1.0845