SWITZERLAND JANUARY CPI BELOW EXPECTATIONS, CORE INFLATION PICKS UP
SWITZERLAND JANUARY CPI BELOW EXPECTATIONS, CORE INFLATION PICKS UP
Swiss CPI for January rose by 0.4% YoY, in line with expectations but down from 0.6% in December.
Core CPI increased by 1.2% YoY, up from 0.7% in December.
Headline inflation eased, but core inflation accelerated above 1%.
Swiss inflation remains under control, setting the stage for a potential rate cut by the SNB next month.
Geopolitical developments, including the Russia-Ukraine conflict, may help ease franc strength against the euro.
