Swiss CPI accelerated to 2.9% yoy in May, import pries up 7.4% yoy

Swiss CPI rose 0.7% mom in May, above expectation of 0.3% mom. The monthly rise was due to factors including housing rentals, heating oil and food. Core CPI rose 0.5% mom. Domestic prices rose 0.5% mom while imported prices rose 1.1% mom. For the 12-month period, CPI accelerated from 2.5% yoy to 2.9% yoy, above […]

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