News

Switzerland November CPI -0.3% vs -0.1% m/m expected

Latest data released by the Federal Statistics Office – 4 December 2018

  • Prior +0.2%
  • CPI +0.9% vs +1.0% y/y expected
  • Prior +1.1%
  • Core CPI +0.2% vs +0.4% y/y expected
  • Prior +0.4%

ForexLive

Inflationary pressures begin to wane but it is the core reading that I’d be focused on here. The reading now dips down to +0.2% y/y, the lowest since June 2017 and that won’t bolster confidence for the SNB’s inflation outlook heading into next year. Looks like the central bank may not be able to follow up with the ECB if the downtrend here persists.

Articles You May Like

22Yr Old RICH Forex Trader Living The MILLIONAIRE Lifestyle! – FxLifeStyle
MA9 cross MA21 & ADX Swing Trend Following Forex Trading Strategy
Reversal trading strategy ( Over 200 pips on AUDJPY )
r*, u*, star of wonder, star of night
USD/CAD Technical Analysis: The drop to 1.3300 figure is virtually inevitable

Leave a Reply

Your email address will not be published. Required fields are marked *