Consumer Price Index. Switzerland, 08:30 (GMT+2)

Consumer Price Index. Switzerland, 08:30 (GMT+2)

At 08:30 (GMT+2), the July data on the consumer price index will be released in Switzerland. It is the main indicator of inflation in the country, which reflects the change in retail prices for a certain “basket” of goods and services: food, transport, utilities, and healthcare. The index significantly impacts the monetary policy decisions of the Swiss National Bank. The indicator is expected to increase from 3.4% to 3.5% YoY and decrease from 0.5% to –0.1% MoM.

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