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Swiss inflation softened in November, with headline CPI falling -0.2% mom, in line with expectations, while annual inflation slowed from 0.1% yoy to 0.0%, undershooting forecasts of 0.1%. Core CPI also dipped, falling -0.1% yoy, with the annual rate easing from 0.5% yoy to 0.4%. The data highlight Switzerland’s continued weak inflation, keeping price growth […]

The post Swiss CPI back at 0.0% as broad price declines in November appeared first on ActionForex.

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Switzerland Consumer Price Index (YoY) came in at 0%, below expectations (0.1%) in November

Switzerland Consumer Price Index (MoM) in line with expectations (-0.2%) in November

• Prior +0.1%
• Core CPI +0.4% y/y
• Prior +0.5%

The struggle continues for the Swiss economy with headline annual inflation hitting 0% again. Core annual inflation is also seen easing further in November, now down to 0.4%. The clock continues to tick down as the SNB contemplates where they want to draw the line before reintroducing negative rates again.

This article was written by Justin Low at investinglive.com.

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