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<Econ> Switzerland Mar CPI Rises 0.3% YoY, Below Forecast; CHF Falls 0.6%
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Switzerland's Federal Statistical Office announced that the Consumer Price Index (CPI) rose 0.3% YoY in March, lower than the market expectation of a 0.5% increase. On a MoM basis, CPI rose 0.2%, also below the market forecast of a 0.5% increase. Excluding fresh food and seasonal products, energy and fuel, Switzerland's core inflation rate rose 0.4% YoY in March and was flat MoM. After harmonisation under European Union standards, Switzerland's Harmonised Index of Consumer Prices (HICP) rose 0.6% YoY and 0.1% MoM in March. The Swiss franc fell 0.6% during the Asian session, trading at 1.2514 against USD. (da/j) This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. Auto-translated by AI AASTOCKS Financial News |
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