He Consumer Price Index (CPI) of Switzerland rose 0.1% year -on -year in June After descending 0.1% in May, as published by the Federal Statistics Office of the Transalpino country. This is the first increase in three months. The figure has exceeded expectations, since a 0.1%decrease was expected.
The Monthly inflation has risen 0.2% After growing 0.1% the previous month, exceeding 0% provided by the consensus. This increase is due to several factors, such as the increase in the prices of international tourist packages, hotels and complementary accommodation. The rental of private means of transport and various vegetables also registered a price increase. Instead, gasoline prices, air transport and bone fruits decreased.
Franco Swiss reaction
The Swiss Franco has rebounded after the publication, since inflation has been superior to what was expected. The USD/CHF has fallen to a minimum of two days in 0.7900 after the data, and at the time of writing it loses 0.15% daily in 0.7910.
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: JU JUL 03, 2025 06:30
Frequency: Monthly
Current: 0.1%
Dear: -0.1%
Previous: -0.1%
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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.
