Switzerland May CPI +1.4% vs +1.4% y/y expected

• Prior +1.4%
• Core CPI +1.2% y/y
• Prior +1.2%

The figures are similar to April, and that should give the green light for the SNB to ease further later this month. USD/CHF is up slightly from 0.8945 to 0.8970 on the day now.