Swiss CPI Jumps to 0.8%, but Energy Drives Much of Inflation Surprise

Swiss inflation accelerated more sharply than expected in August, with headline CPI rising from 0.4% to 0.8% y/y, above 0.5% consensus. On monthly basis, CPI swung from -0.1% to +0.4% m/m, compared with expectations for no change. However, underlying pressures were considerably softer, with core inflation at 0.4% y/y and 0.2% m/m. Energy and imported […] The post Swiss CPI Jumps to 0.8%, but Energy Drives Much of Inflation Surprise appeared first on ActionForex.