He Swiss Consumer Price Index (CPI) grew 0.3% per year in February After increasing 0.4% in January, as published by the Federal Statistics Office. The figure exceeds market expectations, which expected an increase of 0.2%.
The annual CPI has registered its most moderate increase since April 2021.
The monthly inflation increased by 0.6% After falling 0.1% the previous month, registering their first rise since May 2024. The data stood above the provisions of consensus of 0.5%.
The 0.6% increase compared to the previous month is due to several factors, including the rise in housing and air transport prices. International organized trips also registered a price increase. On the contrary, hotels prices decreased, as well as those of berries and second -hand cars.
Franco Swiss reaction
The Swiss Franco has reacted to the rise after knowing that inflation had been higher than expected, causing the USD/CHF to fall to 0.8871, a minimum of almost three months also tested yesterday. At the time of writing, the price of the dollar is quoted in front of the Swiss Franco over 0.8883, losing 0.03% in the day.
Economic indicator
Consumer Price Index (Yoy)
The consumer price index is published by the Swiss Statistics Office And it is a measure of the movements of the prices obtained based on comparing retail prices of a basket for the purchase of goods and services. IPC is the most significant way to measure changes in purchase trends. The purchasing power of the Swiss Franco is diminished when inflation increases. A reading superior to the anticipated is bullish for the Franco.
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Last publication: MIÉ MAR 05, 2025 07:30
Frequency: Monthly
Current: 0.3%
Dear: 0.2%
Previous: 0.4%
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Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
