Straight from the Desk

Syz the moment

Live feeds, charts, breaking stories, all day long.

3 Jul 2023

Swiss Inflation returned below SNB’s 2% Ceiling in June

The figures offer limited reassurance to officials who have already signaled further tightening is likely.
CPI YoY rose 1.7%, down from 2.2% the previous month, as energy costs fell. Underlying inflation, which strips out such volatile elements, also slowed to 1.8%. Source: BBG, Swiss statistics agency

15 Jun 2023

Switzerland’s new inflation forecast supports another SNB hike

The government expects inflation to be above the central bank’s target this year which reinforces a likely interest-rate hike next week. The SECO said consumer prices will rise 2.3% this year. That down from 2022’s 2.8%, and also slightly lower than a March prediction of 2.4%.
Source: Bloomberg, SECO

Thinking out loud

Sign up for our weekly email highlighting the most popular posts.

Follow us

Thinking out loud

Investing with intelligence

Our latest research, commentary and market outlooks