Latest data released by the Federal Statistics Office - 5 October 2018

  • Prior 0.0%
  • CPI +1.0% vs +1.1% y/y expected
  • Prior +1.2%
  • Core CPI +0.4% y/y
  • Prior +0.5%

A tad softer on inflation readings for September in the Swiss economy compared to that in August and also to expectations. Not a major data point and the readings here won't derail the SNB's inflation outlook just yet. We'll have to wait and see if this is just a minor hiccup or the start of a turning point.