• Prior +2.4%
  • Core CPI +1.5% y/y
  • Prior +1.4%

Swiss inflation continues to keep thereabouts with the core reading inching closer towards the 2% mark, as price pressures across the globe continue to surge higher. As much as this is an interesting development, the SNB has played it down for a while now and it won't do much to change their policy stance. Carry on as you will.