> Switzerland March CPI +0.5% vs +0.4% m/m expected

Switzerland March CPI +0.5% vs +0.4% m/m expected

Tuesday, 02/04/2019 | 06:30 GMT-0

Latest data released by the Federal Statistics Office - 2 April 2019

Prior +0.4%
CPI +0.7% vs +0.6% y/y expected
Prior +0.6%

Core CPI +0.5% vs +0.4% y/y expected
Prior +0.4%

Slight beat on the inflation figures here and also an improvement in the core reading as well. That said, it matters little considering how low the figures really are as they are closer to 0% than they are to 2%. A welcome development for the SNB but it isn't one that is going to change things and the current outlook.