> Switzerland February CPI -0.1% vs +0.1% y/y expected

Switzerland February CPI -0.1% vs +0.1% y/y expected

Wednesday, 04/03/2020 | 07:31 GMT-0

Latest data released by the Federal Statistics Office - 4 March 2020

Prior +0.2%
CPI +0.1% vs +0.2% m/m expected
Prior -0.2%
Core CPI +0.2% vs +0.2% y/y expected
Prior +0.2%

Headline annual CPI falls into deflation territory but the good news is that core inflation continues to keep steady on the month at least. However, the fact of the situation is that inflation remains closer to 0% and that will see the SNB remain where it is now.