Switzerland November CPI +3.0% vs +3.0% y/y expected

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Switzerland November CPI +3.0% vs +3.0% y/y expected

Swiss annual inflation keeps steadier in November, with the monthly reading showing no change in price pressures. Core inflation is seen at 1.9% and that is up from October’s 1.8% reading, so that will keep the SNB on the tightening path in its policy meeting later this month. ADVERTISEMENT – CONTINUE READING BELOW news.google.com

Swiss annual inflation keeps steadier in November, with the monthly reading showing no change in price pressures. Core inflation is seen at 1.9% and that is up from October’s 1.8% reading, so that will keep the SNB on the tightening path in its policy meeting later this month.

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