Latest Swiss consumer price index data released 6 Dec 2017

  • Nov CPI +0.8% vs +0.8% y/y expected

The year-on-year number shows a rise from +0.7% and that's slightly more encouraging news despite the month-on-month number being lower.

The CPI y/y chart would tell the story:

Better inflation data, but still in recovery. Anyway, this isn't a data point that's heavily focused on when it comes to the swissie (in fact, what is).

USD/CHF is still posting a rebound after touching lows of 0.9855 earlier in the session. Currently trading at 0.9880.