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Swiss CPI flat in October

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Investing.com -

Investing.com - Consumer price inflation in Switzerland was unchanged in October from a month earlier, official data showed on Wednesday.

In a report, the Swiss Federal Statistics Office said consumer price inflation was flat last month, compared to forecasts for a gain of 0.1%. Swiss consumer prices inched up 0.1% in September.

Year-over-year, Swiss consumer prices were also flat in October, compared to expectations for a decline of 0.1%, after falling 0.1% in September.

USD/CHF was trading at 0.9618 from around 0.9620 ahead of the release of the data, while EUR/CHF was at 1.2040 from 1.2044 earlier.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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