Switzerland December CPI +1.7% vs +1.5% y/y expected
<ul><li>Prior +1.4%</li><li>Core CPI +1.5% y/y</li><li>Prior +1.4%</li></ul><p>Both the headline and core annual inflation readings nudged a little higher in December, so that will keep the SNB guarded to loosen monetary policy any time soon. But with consumer prices holding below 2%, that will allow them to maintain the current policy stance at least.</p>
This article was written by Justin Low at www.forexlive.com.
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