Swiss CPI in line with expectations📊USCHF loses 0.3%

Switzerland CPI – January (YoY):

Actual: 0.4%
Forecast: 0.4%
Previous: 0.6%

Switzerland CPI – January (MoM):

Actual: -0.1%
Forecast: -0.1%
Previous: -0.1%

Switzerland continues on a path of slowing price growth. In January, consumer inflation stood at 0.4% year-over-year, down from 0.6% in December. In response to the data, the USD/CHF pair broke out of the short-term sideways trend directly after the Swiss CPI release, however we have to wait for the final reaction of the pair; further declinee is still on the table.

Source: xStation

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This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.

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Swiss CPI in line with expectations📊USCHF loses 0.3%

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