Switzerland CHF

Switzerland Inflation Rate MoM

Impact:
Low

Latest Release:

Date:
Surprise:
0.2%
Actual:
0%
Forecast: -0.2%
Previous/Revision:
0.2%
Period: Jul

Next Release:

Date:
Period: Aug
What Does It Measure?
The Switzerland Inflation Rate measures the rate at which the general level of prices for goods and services is rising, indicating the purchasing power of the Swiss franc. The primary focus of this indicator is on consumer price indices, which assess changes in prices across a basket of goods and services, thus offering insights into economic conditions related to inflation.
Frequency
The inflation rate is published monthly and can be revised later in final reports, typically released in the second week of the month following the observed period.
Why Do Traders Care?
Traders closely monitor the inflation rate because it significantly influences monetary policy and can affect interest rates, impacting financial markets such as currencies, bonds, and equities. Higher-than-expected inflation may prompt the Swiss National Bank to adopt a hawkish stance, strengthening the franc and affecting stock valuations negatively, while lower inflation could have the opposite effects.
What Is It Derived From?
The inflation rate is derived from a comprehensive survey of prices collected from various sectors, including food, housing, transportation, and utilities, reflecting changes in consumer behavior. This data collection utilizes methodologies such as the Consumer Price Index, which weights the prices of different goods and services based on their importance in consumer spending.
Description
The inflation rate data is presented as a Month-over-Month (MoM) comparison, which is chosen for its ability to highlight short-term price changes and immediate economic conditions. This method allows traders to detect sudden shifts in inflation, thus facilitating timely decision-making based on current trends. While Year-over-Year (YoY) reporting is useful for long-term assessments, the MoM data is preferred for gauging recent economic conditions more accurately.
Additional Notes
The Switzerland Inflation Rate serves as a coincident economic indicator, reflecting the current economic climate and influencing broader economic trends in the eurozone. Its trends often correlate with global inflation rates, providing context for policy adjustments both regionally and globally.
Bullish or Bearish for Currency and Stocks
If the inflation rate is reported higher than expected: Bullish for CHF, Bearish for Stocks. If it is reported lower than expected: Bearish for CHF, Bullish for Stocks. A hawkish tone: Signaling higher interest rates or inflation concerns, is usually good for the CHF but bad for Stocks due to higher borrowing costs.

Legend

High Potential Impact
This event has a strong potential to move markets significantly. If the 'Actual' value differs enough from the forecast or if the 'Previous' value is significantly revised, it signals new information that markets may rapidly adjust to.

Medium Potential Impact
This event may cause moderate market movement, especially if the 'Actual' deviates from the forecast or there's a notable revision to the 'Previous' value.

Low Potential Impact
This event is unlikely to affect market pricing unless there's an unexpected surprise or a major revision to prior data.

Surprise - Currency May Strengthen
Actual deviated from Forecast on a medium or high impact event and historically could strengthen the currency.

Surprise - Currency May Weaken
Actual deviated from Forcast on a medium or high impact event and historically could weaken the currency.

Big Surprise - Currency More Likely To Strengthen
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely strengthen the currency.

Big Surprise - Currency More Likely To Weaken
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely weaken the currency

Green Number Better than forecast for the currency (or previous revise better)
Red Number Worse than forecast for the currency (or previous revise better)
Hawkish Supports higher interest rates to fight inflation, strengthening the currency but weighing on stocks.
Dovish Favors lower rates to boost growth, weakening the currency but lifting stocks.
Date Time Actual Forecast Previous Surprise
0%
-0.2%
0.2%
0.2%
0.2%
0%
0.1%
0.2%
0.1%
0.1%
0%
0%
0.2%
0%
-0.2%
0%
0%
0.6%
0.6%
0.5%
-0.1%
0.1%
-0.1%
-0.1%
-0.1%
-0.1%
-0.1%
-0.1%
-0.1%
0%
-0.3%
-0.1%
-0.3%
-0.1%
0%
-0.2%
0%
0.1%
-0.2%
-0.1%
-0.2%
-0.2%
0%
0%
0.1%
0.3%
-0.1%
0.3%
0.4%
0.3%
-0.1%
0.3%
0.1%
0%
0.2%
0%
0.3%
0.6%
-0.3%
0.6%
0.2%
0.2%
0.4%
0.2%
0.6%
0%
-0.4%
 
 
-0.2%
-0.1%
0.1%
-0.1%
0.1%
0.1%
-0.1%
-0.1%
0%
0.2%
-0.1%
0.2%
0.2%
-0.1%
-0.1%
-0.2%
0.1%
0.1%
0.1%
0.2%
0.3%
-0.1%
0.3%
0.3%
0%
0%
0.2%
0.2%
-0.2%
0.2%
0.4%
0.7%
-0.2%
0.7%
0.4%
0.6%
0.3%
0.6%
0.4%
-0.2%
0.2%
-0.2%
-0.2%
0%
0%
0.1%
0.1%
-0.1%
0.1%
0.2%
-0.2%
-0.1%
-0.2%
0.2%
0.3%
-0.4%
0.3%
0.2%
0%
0.1%
0%
-0.1%
0.5%
0.1%
0.5%
0.3%
0.7%
0.2%
0.7%
0.3%
0.4%
0.4%
0.4%
0.3%
0.6%
0.1%
0.6%
0.5%
0.7%
0.1%
0.7%
0.3%
0.2%
0.4%
0.2%
0%
-0.1%
0.2%
-0.1%
-0.1%
0%
0%
-0.1%
0.3%
0.1%
0.3%
0.1%
0%
0.2%
0%
0.2%
0.2%
-0.2%
0.2%
0.1%
-0.1%
0.1%
-0.1%
-0.1%
0.1%
0.1%
0.2%
0.3%
-0.1%
0.3%
0.3%
0.2%
0.2%
0.2%
0.3%
0.3%
0.4%
0.2%
-0.1%
0.2%
0.4%
0.1%
-0.2%
0.1%
0%
-0.1%
0.1%
-0.1%
0%
-0.2%
-0.1%
-0.2%
-0.1%
0%
-0.1%
0%
0%
0%
0%
0%
0%
0%
0.1%
-0.2%
-0.1%
-0.2%
-0.4%
0%
0.2%
0%
0.1%
0%
-0.1%
0%
0.1%
-0.4%
-0.1%
-0.4%
-0.1%
0.1%
-0.3%
0.1%
0.1%
0.1%
0.1%
0.2%
-0.2%
-0.1%
-0.2%
-0.2%
0%
0%
0%
-0.1%
-0.1%
-0.1%
-0.2%
-0.2%
0%
-0.1%
-0.2%
-0.1%
0.1%
0%
-0.2%
0%
-0.1%
-0.5%
0.1%
-0.5%
-0.3%
0%
-0.2%
0%
-0.1%
0.3%
0.1%
0.3%
0.3%
0.2%
0.2%
0.2%
0.5%
0.5%
0.4%
0.4%
0.1%
0.4%
0.4%
-0.3%
-0.3%
-0.3%
-0.3%
-0.3%
-0.1%
-0.3%
-0.2%
-0.3%
-0.1%
0.2%
-0.2%
0.2%
0.2%
0.1%
0.1%
0.2%
0%
-0.1%
0%
0%
-0.2%
-0.2%
-0.3%
0%
0.1%
0%
-0.1%
0.4%
0.1%
0.4%
0.3%
0.2%
0.1%
0.2%
0.3%
0.4%
-0.1%
0.4%
0.2%
0.4%
0.2%
0.4%
0.2%
-0.1%
0.2%
-0.1%
-0.1%
0%
0%
-0.1%
-0.1%
0.1%
-0.1%
0.2%
0.1%
-0.3%
0.1%
0.2%
0.2%
-0.1%
0.2%
0.2%
0%
0%
0%
-0.3%
-0.3%
-0.3%
-0.1%
-0.1%
0%
0.2%
-0.1%
0.2%
0.1%
0.2%
0.1%
0.2%
0.2%
0.2%
0.2%
0.2%
0.5%
0.5%
0.2%
0%
0.3%
0%
-0.1%
-0.1%
0.1%
-0.1%
-0.1%
-0.2%
-0.2%
0.3%
0.1%
-0.5%
0.1%
0.2%
0.1%
-0.1%
0.1%
0.2%
-0.1%
-0.1%
-0.1%
-0.1%
-0.4%
-0.4%
0.5%
0.1%
-0.9%
0.1%
0.1%
0.1%
0.1%
0.2%
0.3%
-0.1%
0.3%
0.1%
0.3%
0.2%
0.3%
0.3%
0.2%
0.2%
-0.1%
-0.4%
0.3%
-0.4%
-0.4%
-0.4%
-0.4%
-0.3%
-0.1%
-0.1%
-0.1%
0%
0.1%
-0.1%
0.1%
0%
0.1%
0.1%
0.1%
0.1%
-0.2%
-0.2%
-0.2%
-0.6%
-0.6%
-0.4%
0.1%
-0.2%
0.1%
-0.1%
0.2%
0.2%
0.2%
0.1%
-0.2%
0.1%
-0.2%
0.1%
0.3%
-0.3%