Switzerland June CPI +0.1% vs -0.1% y/y anticipated

• Prior -0.1%
• Core CPI +0.6% y/y
• Prior +0.5%

The SNB can take some comfort from the latest readings here but the pressure remains. They’re much closer to deflation territory than any balanced territory at the moment still.

This article was written by Justin Low at www.forexlive.com.