Switzerland CHF

Switzerland Inflation Rate YoY

Impact:
Medium

Latest Release:

Date:
Actual:
-0.1%
Forecast: -0.1%
Previous/Revision:
0%
Period: May

Next Release:

Date:
Forecast: -0.3%
Period: Jun
What Does It Measure?
The Switzerland Inflation Rate measures the percentage change in the prices of a basket of goods and services consumed by households over a year. This key indicator focuses on consumer price levels, aiming to assess overall inflationary pressures within the Swiss economy, with critical measures including the Consumer Price Index (CPI) and key components like housing, transportation, and food costs.
Frequency
The inflation rate is released on a monthly basis and typically involves a preliminary estimate along with subsequent revisions, with the data usually published within the first week of the following month.
Why Do Traders Care?
Traders closely monitor the inflation rate as it influences monetary policy decisions, impacting interest rates and ultimately affecting asset classes such as currencies, stocks, and bonds. A higher-than-expected inflation reading can lead to a bullish sentiment in the Swiss Franc and equities, while a lower reading might exert bearish effects.
What Is It Derived From?
The Switzerland Inflation Rate is derived from the Consumer Price Index (CPI), which encompasses a wide range of goods and services. It utilizes data from a comprehensive survey of consumer prices, where price changes are measured through standardized methods and reported by various retailers across the country.
Description
Preliminary inflation data is based on early estimations and can undergo revisions, while final figures offer a more accurate reflection of price changes but are released later. Monthly comparisons help in identifying immediate inflation trends, making these reports crucial for traders who rely on timely data to gauge economic conditions and make investment decisions.
Additional Notes
This inflation rate is often considered a coincident economic indicator, reflecting current inflationary trends that directly influence consumer purchasing power. It is also essential in comparing economic performance relative to other countries and similar indicators globally, thereby serving as a barometer for overall economic health.
Bullish or Bearish for Currency and Stocks
Higher than expected: Bullish for CHF, Bullish for Stocks. Lower than expected: Bearish for CHF, Bearish for Stocks. 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
-0.1%
-0.1%
0%
0%
0.2%
0.3%
-0.2%
0.3%
0.5%
0.3%
-0.2%
0.3%
0.2%
0.4%
0.1%
0.4%
0.4%
0.6%
0.6%
0.6%
0.7%
0.7%
0.8%
0.6%
-0.1%
0.6%
0.8%
0.8%
-0.2%
0.8%
1.1%
1.1%
-0.3%
1.1%
1.2%
1.3%
-0.1%
1.3%
1.3%
1.3%
1.3%
1.4%
1.4%
-0.1%
1.4%
1.6%
1.4%
-0.2%
1.4%
1.1%
1%
0.3%
1%
1.3%
1.2%
-0.3%
1.2%
1.1%
1.3%
0.1%
1.3%
1.7%
1.7%
-0.4%
1.7%
1.5%
1.4%
0.2%
1.4%
1.7%
1.7%
-0.3%
1.7%
1.7%
1.7%
1.7%
1.8%
1.6%
-0.1%
1.6%
1.5%
1.6%
0.1%
1.6%
1.6%
1.7%
1.7%
1.8%
2.2%
-0.1%
2.2%
2.2%
2.6%
2.6%
2.8%
2.9%
-0.2%
2.9%
3.2%
3.4%
-0.3%
3.4%
3.1%
3.3%
0.3%
3.3%
2.9%
2.8%
0.4%
2.8%
2.9%
3%
-0.1%
3%
3%
3%
3%
3.2%
3.3%
-0.2%
3.3%
3.5%
3.5%
-0.2%
3.5%
3.4%
3.4%
0.1%
3.4%
3.5%
3.4%
-0.1%
3.4%
3.2%
2.9%
0.2%
2.9%
2.6%
2.5%
0.3%
2.5%
2.5%
2.4%
2.4%
2.4%
2.2%
2.2%
1.8%
1.6%
0.4%
1.6%
1.5%
1.5%
0.1%
1.5%
1.6%
1.5%
-0.1%
1.5%
1.4%
1.2%
0.1%
1.2%
1.1%
0.9%
0.1%
0.9%
1.1%
0.9%
-0.2%
0.9%
0.8%
0.7%
0.1%
0.7%
0.7%
0.6%
0.6%
0.7%
0.6%
-0.1%
0.6%
0.6%
0.3%
0.3%
0.3%
-0.2%
-0.2%
-0.3%
-0.5%
0.1%
-0.5%
-0.3%
-0.5%
-0.2%
-0.5%
-0.6%
-0.8%
0.1%
-0.8%
-0.7%
-0.7%
-0.1%
-0.7%
-0.5%
-0.6%
-0.2%
-0.6%
-0.6%
-0.8%
-0.8%
-0.8%
-0.9%
-0.9%
-0.8%
-0.9%
-0.1%
-0.9%
-1.1%
-1.3%
0.2%
-1.3%
-1.2%
-1.3%
-0.1%
-1.3%
-1.3%
-1.1%
-1.1%
-0.8%
-0.5%
-0.3%
-0.5%
-0.5%
-0.1%
-0.1%
0.1%
0.2%
-0.2%
0.2%
0.1%
0.2%
0.1%
0.2%
0%
-0.1%
0.2%
-0.1%
-0.1%
-0.3%
-0.3%
0%
0.1%
-0.3%
0.1%
0.3%
0.3%
-0.2%
0.3%
0.3%
0.3%
0.3%
0.5%
0.6%
-0.2%
0.6%
0.5%
0.6%
0.1%
0.6%
0.6%
0.7%
0.7%
0.7%
0.7%
0.7%
0.6%
0.6%
0.1%
0.6%
0.6%
0.6%
0.6%
0.6%
0.7%
0.7%
0.8%
0.9%
-0.1%
0.9%
1%
1.1%
-0.1%
1.1%
1.1%
1%
1%
1.1%
1.2%
-0.1%
1.2%
1.2%
1.2%
1.2%
1.2%
1.1%
1.1%
1.1%
1%
1%
0.9%
0.8%
0.1%
0.8%
0.9%
0.8%
-0.1%
0.8%
0.7%
0.6%
0.1%
0.6%
0.6%
0.7%
0.7%
0.8%
0.8%
-0.1%
0.8%
0.8%
0.8%
0.8%
0.9%
0.7%
-0.1%
0.7%
0.8%
0.7%
-0.1%
0.7%
0.6%
0.5%
0.1%
0.5%
0.5%
0.3%
0.3%
0.3%
0.2%
0.2%
0.3%
0.5%
-0.1%
0.5%
0.3%
0.4%
0.2%
0.4%
0.5%
0.6%
-0.1%
0.6%
0.5%
0.6%
0.1%
0.6%
0.6%
0.3%
0.3%
0.3%
0%
0%
0%
-0.3%
-0.3%
-0.2%
-0.2%
-0.1%
-0.2%
0.1%
-0.2%
-0.3%
-0.2%
-0.1%
-0.1%
-0.1%
-0.1%
-0.1%
-0.2%
-0.2%
-0.3%
-0.4%
0.1%
-0.4%
-0.5%
-0.4%
0.1%
-0.4%
-0.4%
-0.4%
-0.4%
-0.6%
-0.9%
0.2%
-0.9%
-0.9%
-0.8%
-0.8%
-1.1%
-1.3%
0.3%
-1.3%
-1.3%
-1.3%
-1.3%
-1.2%
-1.4%
-0.1%
-1.4%
-1.3%
-1.4%
-0.1%
-1.4%
-1.4%
-1.4%
-1.4%
-1.4%
-1.4%
-1.4%
-1.4%
-1.3%
-1.3%
-1.1%
-1%
-0.2%
-1%
-1.2%
-1.2%
0.2%
-1.2%
-1.2%
-1.1%
-1.1%
-0.9%
-0.9%
-0.2%