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Switzerland’s Inflation Slows for First Time in Eight Months

Switzerland’s Inflation Slows for First Time in Eight Months
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Central Banks Switzerland’s Inflation Slows for First Time in Eight Months Swiss inflation slowed in June for the first time in eight months, suggesting the impact of lower oil costs are feeding through to the domestic economy. Consumer prices rose 0.5% from a year earlier, down from 0.6% in May. The number matches the median expectation of economists surveyed by Bloomberg.

Central Banks Switzerland’s Inflation Slows for First Time in Eight Months Swiss inflation slowed in June for the first time in eight months, suggesting the impact of lower oil costs are feeding through to the domestic economy. Consumer prices rose 0.5% from a year earlier, down from 0.6% in May. The number matches the median expectation of economists surveyed by Bloomberg.
Switzerland (LOCATION) Central Banks (ORG) Swiss (ORG) Bloomberg (ORG)
Originally published by Bloomberg Markets Read original →