Latest data released by the Federal Statistics Office - 2 November 2021

  • Prior +0.9%
  • Core CPI +0.6% y/y
  • Prior +0.5%

A slight bump in Swiss annual inflation and that fits with the trend globally but relative to elsewhere, price pressures in general here remain rather subdued with core inflation still keeping at 0.6% y/y. That's nothing get the SNB jumping off their seats.