He Swiss consumption price index (CPI) rose 0.2% year -on -year in July After increasing 0.1% in June, as published by the Swiss Statistics Office. This is the largest increase registered since March. The figure exceeds in a tenth the expectation of increase of 0.1%.
At a monthly level, inflation has not varied in July After rising 0.2% the previous month. The consensus expected a fall of 0.2%.
According to the official statement of the Swiss Statistics Office, The stability of the index with respect to the previous month was due to opposing trends That, in general, they were compensated. The prices of international and national vacation packages decreased, as well as those of air transport. Clothing and footwear prices also decreased due to seasonal sales. On the contrary, Hotels and complementary accommodation registered a price increase, as well as the rental of private transport media.
Swiss Franco reaction
The Swiss Franco has weakened after the news, although inflation has slightly exceeded the forecasts in its annual reading. He USD/CHF has risen with the publication to 0.8076, new maximum of the dayand quotes when writing about 0.8070, winning 0.39% in what we have been working on. For its part, the EUR/CHF has jumped 30 pips upwards, reaching a one -week roof at 0.9343. In these moments, the PAR operates around 0.9341, rising 0.26% daily.
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:
Lun AUG 04, 2025 06:30
Frequency:
Monthly
Current:
0.2%
Dear:
0.1%
Previous:
0.1%
Why is it important for operators?
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.
